FML
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8.00% 13.5¢ focus minerals ltd

ann: fml to raise 227.5 mill via placement, page-113

  1. SunburntLand
    6,439 Posts.
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    20/09/12
    15:04
    Post #: 10748022
    LOL

    FML have effectively flogged half the company in exchange for a term deposit

    To have that much idle cash sitting on a balance sheet is a waste of capital

    Cheers
    FML Price at posting: 4.3¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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