jumpstart - just wanted to thank you for your contribution to this discussion over the last week, you are articulating clearly many of the concerns that I have.
I emailed the company earlier in the week to see if they have or would consider announcing a dividend policy (which may be related to % cashflow, profit (future) or linked to goldprice (like what Newmont, Silver Wheaton, etc are doing/proposing)). It would go a long way to allaying my concerns (I have received no response).
I believe this deal will go ahead, FML will become a very large producer through both organic growth and acquisitions, the board will get a build a nice little empire/mining house, and the company will be producing huge cashflow. I just don't think minority holders will see the deserved benefit because dividends will be low (or non-existant), and the SP will reflect this also.
Have a good weekend all, I'll save the worry about this til next week.
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- approve the placement i say
jumpstart - just wanted to thank you for your contribution to...
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Last
14.0¢ |
Change
-0.010(6.67%) |
Mkt cap ! $40.11M |
Open | High | Low | Value | Volume |
14.0¢ | 14.0¢ | 14.0¢ | $15.59K | 111.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 7230 | 14.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
14.5¢ | 100000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 7230 | 0.140 |
3 | 56138 | 0.135 |
2 | 24000 | 0.130 |
1 | 24000 | 0.125 |
1 | 4121 | 0.120 |
Price($) | Vol. | No. |
---|---|---|
0.145 | 100000 | 1 |
0.150 | 83000 | 1 |
0.155 | 29573 | 4 |
0.160 | 78550 | 4 |
0.165 | 4616 | 1 |
Last trade - 12.31pm 18/09/2024 (20 minute delay) ? |
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