FML 0.00% 15.0¢ focus minerals ltd

There is loads of value in this company if the transaction goes...

  1. asf
    9,887 Posts.
    There is loads of value in this company if the transaction goes through. I'd even think of buying some shares myself! :D The company has said it will pay dividends, but one would think a share consolidation would occur before that, with 8.8b shares or whatever it would have. Chinese approvals to come, and there is quite a few of those. I think the market is concerned that the deal may not happen, but if it does, this company will be totally transformed. Capex of $90m needed- if no cash from the Chinese, FML will find it hard to raise that amount of cash with its current market cap.
 
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