There are many reasons to complain about FML since SH took control in 2012. If there is interest, there are many comments over the past 12 years questioning poor company direction and management skills, lack of transparency and communication with shareholders.
Seven of the top ten shareholders today were major shareholders in 2012 when SH purchased 49% of the company at $2.50 per share, meaning approx 80% of FML shares owe those companies at least 6 times the current price.
SH as an example 180 million shares = 62.84% cost them $ 247,500.000 = $ 1.38 per share.
In real money to show how FML share price has dived SH paid $225M for the first 90M and only 22.5M for the next 90M.
FML buyers in the past 6 years have seen the average price hover below .20 cents, so all those current buyers are entitled to be bullish about a nominal future price increase. For FML pay back it's loans and return a profit for SH and others I can not see the market change to anywhere near the extent necessary.
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Last
14.0¢ |
Change
0.010(7.69%) |
Mkt cap ! $40.11M |
Open | High | Low | Value | Volume |
13.5¢ | 14.0¢ | 13.3¢ | $22.49K | 166.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 30000 | 13.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
14.0¢ | 27678 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 30000 | 0.135 |
1 | 20170 | 0.130 |
1 | 33474 | 0.120 |
1 | 40000 | 0.115 |
1 | 10000 | 0.110 |
Price($) | Vol. | No. |
---|---|---|
0.140 | 27678 | 2 |
0.145 | 16700 | 3 |
0.150 | 54554 | 2 |
0.160 | 11109 | 2 |
0.165 | 34919 | 2 |
Last trade - 13.48pm 14/08/2024 (20 minute delay) ? |
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FML (ASX) Chart |