Hi All,
The toothless tigers that come out to feed on us when the share price is depressed speak only of cap raisings, and they do it a lot.
Excluding FML's period in pre-production, i thought i would look for myself at cap raisings. The following chart came to life. Was there any doubt there would be a chart....
Assumptions:
1. FML/CRE will meet its 2012 stated production of 200,000Oz
2. Gold will appreciate at the rate of $50 per quarter.
Notes.
1. Blue shaded area classified as cap raising area
2. Orange shaded area is post cap raising period - looking fwd
3. Gold Price up 30.7% from when cap raisings were done looking forward
4. FML prodction forecast to be up 184%
Does anyone really think that we will have another 3 cap raisings over a 24 month period. If you do, give yourself an uppercut and start shorting the price of gold.
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Hi All,The toothless tigers that come out to feed on us when the...
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Last
14.0¢ |
Change
0.005(3.70%) |
Mkt cap ! $40.11M |
Open | High | Low | Value | Volume |
13.5¢ | 14.0¢ | 13.5¢ | $802 | 5.754K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 14865 | 13.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
14.0¢ | 19859 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 14865 | 0.135 |
6 | 71439 | 0.130 |
2 | 11763 | 0.125 |
3 | 37787 | 0.120 |
2 | 18181 | 0.110 |
Price($) | Vol. | No. |
---|---|---|
0.140 | 19859 | 1 |
0.150 | 144463 | 7 |
0.155 | 18648 | 2 |
0.160 | 82359 | 5 |
0.165 | 36616 | 2 |
Last trade - 16.10pm 08/10/2024 (20 minute delay) ? |
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