Hi dworld,
OK you see better value elsewhere in gold stocks - wishing you well too.
Many investors in here measure only SP so lets cut to the chase. Ignore the rest of the fundamentals and technical - ground position etc and focus on SP.
Have the board just de-risked the balance sheet for you? I am talking about a fat tail event because they were just starting to put some cash back by all accounts. Monetize development. The answer is yes - tick - advantage shareholder.
The into's are assessing this today and have voted in favor - and SP can go down on other sentiment (general market) tomorrow that does not invalidate the market response to this news. So SP up a little already and broken to the upside - tick - advantage shareholder.
Does this devalue the company - really - on a rational basis? $227.5M has valued it higher - tick - advantage shareholder.
Does this restrict progress on projects or enhance it? The obvious answer is - tick - advantage shareholder.
I wonder why you guys are not happier - it just defies logic. You berate those that talk about operations and ground position and geology. So look at SP only - maintain your view on that - where is the problem? Somebody got a good deal that now has a vested interest to assist us - tick - advantage shareholder.
CW
DYOR&DD
- Forums
- ASX - By Stock
- ann: fml to raise 227.5 mill via placement
Hi dworld,OK you see better value elsewhere in gold stocks -...
-
-
- There are more pages in this discussion • 117 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FML (ASX) to my watchlist
(20min delay)
|
|||||
Last
14.0¢ |
Change
-0.015(9.68%) |
Mkt cap ! $40.11M |
Open | High | Low | Value | Volume |
15.0¢ | 15.0¢ | 14.0¢ | $4.409K | 30.40K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1700 | 14.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
15.5¢ | 6000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1700 | 0.140 |
2 | 29622 | 0.135 |
6 | 152286 | 0.130 |
3 | 35576 | 0.125 |
2 | 90833 | 0.120 |
Price($) | Vol. | No. |
---|---|---|
0.155 | 6000 | 1 |
0.160 | 37300 | 2 |
0.165 | 52653 | 4 |
0.170 | 112230 | 4 |
0.175 | 11067 | 2 |
Last trade - 15.44pm 05/07/2024 (20 minute delay) ? |
Featured News
FML (ASX) Chart |