FML 7.41% 12.5¢ focus minerals ltd

Ann: December 2022 Quarterly Activities Report, page-36

  1. 615 Posts.
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    I doubt SD will sell any shares in the open market, especially not for a loss as they are have a long game and not at all hard pressed for money like Theta gold and other smaller shareholders.

    Their end game has to be either a sale of the entire stake to a willing buyer (large gold company) or reap dividends for years to come. No one can buy FML until SD agrees to the price and this will command a premium for a desperate buyer who might find that they need this mine to continue their growth trajectory.
 
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Last
12.5¢
Change
-0.010(7.41%)
Mkt cap ! $35.81M
Open High Low Value Volume
12.5¢ 12.5¢ 12.5¢ $10.26K 82.15K

Buyers (Bids)

No. Vol. Price($)
5 140038 12.5¢
 

Sellers (Offers)

Price($) Vol. No.
14.0¢ 67030 2
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Last trade - 15.58pm 30/07/2024 (20 minute delay) ?
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