Conversations with those close to the company indicate the directors come from a very cautious and risk averse part of China, and this very much colours their decision making. It seems they are more scared of making a decision and it not working out than doing nothing. The trouble is they may soon run out of the capital required to get mining up and running. I have been a long-term holder but have drastically reduced my holding. Still keep some just in case the directors have a change of heart and have a go.
Conversations with those close to the company indicate the...
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Last
18.0¢ |
Change
0.015(9.09%) |
Mkt cap ! $51.58M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 18.0¢ | 16.5¢ | $24.31K | 145.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 129350 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 40000 | 1 |
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| Last trade - 14.42pm 16/10/2024 (20 minute delay) ? |
| FML (ASX) Chart |