Disappointing results.
This was the quarter for FML to perform and all they say is "oh the hard rock is hard and we don't know how to handle that"
I agree that management and staff must be the cowboys they could put together and that translate into the poor performance.
Share price is going to smashed down towards 15c again.
Hopefully they have learned how to process hard rock and adjust the plant accordingly. Another quarter to wait and see.
Insiders did know the bad results were coming.
Ann: March 2024 Quarterly Activities Report, page-7
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Last
19.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $55.87M | |||
| Open | High | Low | Value | Volume |
| 19.5¢ | 20.0¢ | 19.5¢ | $14.07K | 72.15K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 26266 | 19.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.5¢ | 25650 | 2 |
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| Last trade - 15.31pm 31/10/2024 (20 minute delay) ? |
| FML (ASX) Chart |