FML 0.00% 14.0¢ focus minerals ltd

capital raising announcement at long last, page-14

  1. 1,601 Posts.
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    g'day monty; tell your broker "he's dreamin'". wish he was right, but fair dinkum, he's a nut case. If the rumour on CR is right, there will be 517m more shares for 3.414 Billion total; at 21c that a mkt cap of $717m. take a look at the gold stocks with that kind on mkt cap to see how far off the mark this is - FOR NOW.

    I also expect 21c, indeed maybe even 30c, BUT not for quite a while yet.

    I'll wait to see the full announcemtn before deciding what to do from here.

    cheers,

    ned.
 
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