hellyeah or any other FML's, IMO the gold price may correct but the trend is in-tact for producers only though, I'm not so sure about juniors sinking their holes at the moment...SBM was a good ride from 0.19 and I'm reading the same kinda posts as I read on HC about SBM but fundamentals were sound (they had the gold in the ground but management were hopeless) and a change of the guard bought it to 0.34 in less than 3 months, so whats the go here with FML, forget the number of shares on issue a share split will fix that can you guys answer me two questions;
1. do the they have the tenements and supply
2. Can they ramp up production and take advantage of up-trend gold prices
Yes to both kinda makes it hard to understand sentiment on this post - like TA's should look to fundamentals to get full picture the opposite applies to traders who watch the chart action and don't see big picture just price action? Yep making $200-$500 a day is o.k but after CGT and brokerage if mabey a big of fundamentals were introduced the buy and hold may be more profitable...given how bullish gold is and how UAE are buying bullion in the truck load...
Thoughts for a fundamentals guy with 6-12 month time-frame please...I'm seing another SBM here
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hellyeah or any other FML's, IMO the gold price may correct but...
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Last
12.5¢ |
Change
-0.010(7.41%) |
Mkt cap ! $35.81M |
Open | High | Low | Value | Volume |
12.5¢ | 12.5¢ | 12.5¢ | $7.143K | 57.14K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 165050 | 12.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
13.5¢ | 90000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 165050 | 0.125 |
2 | 11625 | 0.120 |
1 | 1000 | 0.110 |
1 | 20000 | 0.090 |
1 | 50000 | 0.056 |
Price($) | Vol. | No. |
---|---|---|
0.135 | 90000 | 1 |
0.140 | 67030 | 2 |
0.145 | 11428 | 2 |
0.150 | 454554 | 3 |
0.160 | 11109 | 2 |
Last trade - 10.26am 30/07/2024 (20 minute delay) ? |
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