FML 0.00% 13.5¢ focus minerals ltd

cap raising, page-19

  1. 2,158 Posts.
    Thanks alfieval2000, heart could be gone tomorrow it floats at the bottom rung so not stable yet - maybe in time, and thanks to anybody that made me a favorite poster it is appreciated. Anybody can TD your TU's but they can only put you on ignore - heart votes stick unless the actual voter removes it.

    You could be right about the cap raising - it would be handy to the company - and very unpopular to many shareholders. If I were them and somebody standing there with $20M I would be very tempted under the current circumstances. Fortuitous for a fund to get in at this SP level and would de-risk FML to an extent.

    I agree with your comment on capital earner instead of burner, grow within cash flow is very important now. I would rather they raise than get into a difficulty on something out of their control and end up with a crashing SP - JIMO as you say alfieval2000.

    Now back to work.
    Regards,
    CW
    DYOR&DD
 
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