FML 0.00% 14.0¢ focus minerals ltd

you got my thumbs up infomativeation,what some people don't...

  1. 4,326 Posts.
    you got my thumbs up infomativeation,


    what some people don't realise also is the dilutionary effect really only comes into play when a company is paying dividends. With these sepculative small cap miners most people are here for percentage gains on their investment. On a micro cap like FML when the share price was 2cents we have seen 300% gains to above 6ents already, within 12 months, and it still hold vry strong above 5cents.
    Although hypothetical, i would question if FML on a 1:10 reconstructed basis would have gone from 20cents to 60cents in the same time frame? or more importantly wether it would have held strongly above 50cents in such a case?? personally i doubt it but being hypothetical we'll never really know.


    regards
    Davo



    for an example of how long it takes for a share to recover from bad news after a consolidation take a look at Matsa. MAT. personally at this early stage of development, which FML is, i wouldn't risk it.
 
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