FML 9.68% 14.0¢ focus minerals ltd

Vlad,The problem is that the market looks at 122% revenue...

  1. 624 Posts.
    Vlad,

    The problem is that the market looks at 122% revenue increase and only 27% net profit increase and thinks that FML won't be able to ever "bank" any profits. I talk to plenty of people (who want a ROI) and they think that FML will always have to use this Q's profits to get next Q's. That doesn't happen to be my opinion - that's just what I think the market is saying. Profit guidance hasn't pushed us out of the last half year's trading range and IMO numbers similar to last Q won't ever do it either.

    People talk about DT's and the reg affecting the SP - that might be true to an extent - but big profits, ROI, reserves (the reason we have to spend our profits) and a big eared beast with a trunk will do more than a SC.

    I've held and traded this stock for almost two years and we've come a long way - but we ain't there yet.





    Cheers,

    C12
 
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15.0¢ 15.0¢ 14.0¢ $53 353

Buyers (Bids)

No. Vol. Price($)
2 2096 14.0¢
 

Sellers (Offers)

Price($) Vol. No.
15.0¢ 9858 2
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Last trade - 13.49pm 05/07/2024 (20 minute delay) ?
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