It may boil down to people's opinions on short/medium term gains versus long term gains. And marry that to people's opinions on the long term gold price performance.
See, I'm a big believer in a long and prosperous run in gold. So I don't mind FML taking their time, and retaining control over, what will be an exponentially more valuable resource, as it appreciates, and is proven up.
The thing is I really thought (and was led to believe) the BOD were of the same cut as me. However it seems they hold moneymoneymoney's let's make a buck now view. Which is extremely disappointing. So I guess it's up to we the shareholders to decide what we want.
Perhaps, jumpstart, we need our own Camdenbob boardspill rebel circus to shake things up CTP style?
approve the placement i say, page-3
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Last
13.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $37.25M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.0¢ | 13.0¢ | $2.831K | 21.77K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 105431 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 702 | 1 |
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| Last trade - 13.03pm 16/08/2024 (20 minute delay) ? |
| FML (ASX) Chart |