FML 3.70% 14.0¢ focus minerals ltd

buy & hold, page-2

  1. 5,618 Posts.
    Morning everyone,

    Why all the bickering?

    Mr Market will decide when the sp will rise, not impatient holders/traders.

    FML fundamentals remain the same. Just re-read pintohoo's post of yesterday:

    "btw I note that Stockdoctor (the most respected fundamental analysis company in Australia) has fml listed as a Starstock (consistently healthy financial status) with 'Strong' financial position (the highest rating) whilst they list igr as 'Marginal' - the second lowest (the lowest being 'distress'"

    I also know for a fact that FML preso in Asia recently was extremely well received and for those spruiking a 10:1 consolidation, check out SDL's chart if you reckon a stock can't rise with 2B shares on issue....languished in the teens and now around 50c and I remember the same sort of patter was going on about an SDL consolidation at the time.

    Anyway, we have to have enough shares to be liquid when the big demand comes from instos etc don't we? IMO that will happen as mgt has demonstrated they can set and achieve goals on the path to becoming a serious 100k+ producer....all it needs is a reduction in cost/oz and maybe some more exploration success.

    I haven't been posting that much lately cos it's pointless to speculate really but just wanted to give some doubting Thomases a bit of heart. And I miss you guys lol!

    Best regards all and have a good one,
    chick


 
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Last
14.0¢
Change
0.005(3.70%)
Mkt cap ! $40.11M
Open High Low Value Volume
14.5¢ 14.5¢ 13.5¢ $12.79K 91.36K

Buyers (Bids)

No. Vol. Price($)
1 60148 13.5¢
 

Sellers (Offers)

Price($) Vol. No.
14.0¢ 14983 1
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Last trade - 15.59pm 19/07/2024 (20 minute delay) ?
FML (ASX) Chart
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