During the 1979-80 period, when gold was in its last mania phase, the best performing junior gold stocks in Australia went up 13,000%. Discount that dramatically, and Focus could pass $1 in a mania market with ease, nickel a bonus on top of that.
Casey Research describes The Mania Stage as where fortunes are made.
See their report:
http://www.caseyresearch.com/crpmkt/crpSolo.php?id=169&ppref=DRK169ED0310A
DYOR
K
During the 1979-80 period, when gold was in its last mania...
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Last
11.5¢ |
Change
-0.015(11.5%) |
Mkt cap ! $32.95M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 12.5¢ | 11.5¢ | $3.285K | 28.21K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 40000 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 8690 | 1 |
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| Last trade - 11.36am 09/08/2024 (20 minute delay) ? |
| FML (ASX) Chart |