Price is what people actually pay at any point in time.
the reason i bought at 5.4 and then today at 9.8 are the same.
at each point,this was the best bargain going,amongst a number i hold.
when one new bargain is better than the other shares i hold i sell those,as to me they are worth less than what i can buy.Ego at 1.2 was the crying bargain three weeks ago and that was fml's competition.Bought more of both today at higher prices.
Is FML worth nearly twice what it was 3 weeks ago-No.
Is it worth a lot more than 10c to me-yes.It's just not as great a bargain as it was.But then what have i learnt in the meantime---$8m worth of plant hitting the mount.Now that's a game changer with a resource that's known. I haven't even counted the mount-that's unknown,but secured at a bargain price.
DYOR-what people pay is what they consider its price-not necessarily a measure of value.
FML Price at posting:
9.8¢ Sentiment: None Disclosure: Not Held
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