I bought FFI some years ago at an average SP of $4.47, because it yielded a reasonable dividend return, which sufficed to induce me to wait for the company to exploit its investment land, which has lain idle for years. Anyhow, according to the recent half-year report, a substantial chunk of this land will now be leased, and FFI's profitability is expected to improve MATERIALLY from the 2014 financial year.
I expect that the SP will soon eclipse my buy-in price of $4.47. Obviously, with hindsight I could have invested that money in more lucrative plays, but such is life. I expect FFI to be a nice dividend payer that I'll hold in my SMSF for a long time. I hold 11,734 FFI shares.
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Ann: Half Yearly Report and Accounts , page-2
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Last
$3.89 |
Change
-0.120(2.99%) |
Mkt cap ! $41.85M |
Open | High | Low | Value | Volume |
$3.89 | $3.89 | $3.89 | $945 | 243 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 6667 | $3.75 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.89 | 1 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 6667 | 3.750 |
1 | 10000 | 3.700 |
1 | 2000 | 3.500 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
3.890 | 1 | 1 |
3.900 | 5000 | 2 |
0.000 | 0 | 0 |
0.000 | 0 | 0 |
0.000 | 0 | 0 |
Last trade - 11.23am 13/09/2024 (20 minute delay) ? |
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LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
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