A picture(or in this case a chart)says a thousand words. This is what I have tried to convey in earlier posts. IMO if FML management would just stop tinkering at the wrong times, they would have been able to develop shareholder value.
My biggest issue is that they have pulled another 'deal' at another inopportune time. They did this with CRE and now SG and the question that keeps coming into my mind, will they do this again? IMO, they will because I don't believe that they learnt from the CRE deal which leads me to think that they won't learn from this inopportune timing. My belief is that they want to build a big mining house with a huge market cap and shareholder value is a distant second and thank you to Recyug's chart, my belief is being confirmed in my mind.
It really is a shame for us long suffering shareholders
FML Price at posting:
3.8¢ Sentiment: None Disclosure: Held
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