FML 1.85% 13.8¢ 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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Last
13.8¢
Change
0.003(1.85%)
Mkt cap ! $39.40M
Open High Low Value Volume
13.5¢ 13.8¢ 13.5¢ $2.074K 15.35K

Buyers (Bids)

No. Vol. Price($)
1 21133 13.5¢
 

Sellers (Offers)

Price($) Vol. No.
14.0¢ 67030 2
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Last trade - 15.46pm 25/07/2024 (20 minute delay) ?
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