"market cap iiiiiiiiisssssssss a problem, spending 60 grand to get a poofteenth of a company is holding it back..."
I'm all for balance 71c4 but your above statement doesn't help your argument.
See, it's all about market cap, not shares on issue. For eg: the market cap of FML and SLR is about the same: FML 176M and SLR 183M... yet SLR have 178 M shares issued and FML 2,852 M shares. Guess what? If you invest $60K in either company, your % of owenership is about the same.
And investing in GOLD companies IS a bet on the GOLD price... If you think POG's gonna dive, get out.
FML still has to prove itself... but you can't really ask more than mgmt have done in last 12 mths.
Cheers,
C12
"market cap iiiiiiiiisssssssss a problem, spending 60 grand to...
-
- There are more pages in this discussion • 20 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FML (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
15.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $42.98M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 148847 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 30000 | 1 |
View Market Depth
| Last trade - 16.12pm 12/07/2024 (20 minute delay) ? |
| FML (ASX) Chart |
Day chart unavailable