DYOR slura. I am well aware of the number of investors writing off PL companies as pump and dump vehicles...
There is obviously something wrong when cash costs continually blow out like with CCC...FML now appears to be on that same path...accounting errors, possible accounting manipulation, CFO resigning, continual cost blowouts...
NKP's DFS expert has their own skin in the game (waived all fees and took scrip)...this differentiates it from CCC...I see it as a bonus that it is a PL company because the market has already priced the dodginess in despite many differentiating factors (including the fact that PL has a very minor role in NKP)...
FML is the opposite, it had credibility now its lost all of it...
FML's players don't have skin..I can see that the management have just acquired CRE, allocated costs from Laverton to pretend like they are doing something and then increasing their remuneration while putting up a veil...
Money is made by the minority when the majority is in the wrong...
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4 | 56255 | 0.130 |
2 | 8621 | 0.120 |
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Price($) | Vol. | No. |
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