Agree that if a consolidation were to happen, it wouldn't until...

Agree that if a consolidation were to happen, it wouldn't until the takeover was completed.

Marcos: I draw your attention to SLR - Gold producer that currently sits at a price of $2.22 (Market Cap just under $400m), these guys had EPS of 6.2c in 2010, and projected 12.1c in 2011 (according to comsec).

Just with that information, it seems that this company is being valued by the market better than FML.

Also i see it much more likely in the distant future to distribute dividends to shareholders if earnings per share sit at 20-30c rather than 2-3c.

But again, in the end, it doesn't really matter, you're buying into the company, not its share price.