FML 1.85% 13.8¢ focus minerals ltd

here comes the dilution effect, page-4

  1. 4,070 Posts.
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    i called it....see my earlier posts

    The first 32000 ozs at $990 isnt bad at all. infact with the gold price settling, i'd wish they hedged more.

    Anyway.....i said there would be a spike and the market would sell into it. I do expect the sp to settle between 6.5-7.5c. However i also expect a consolidation once the debt has been/or close been paid off. That should price FML (assumingt 10:1) around 60-70c. a good entry would be around 55-60c (15% fall). Remember FMl currently has around 65mil MCap..which is alot more than other gold species just producing. I expect FMl to hit $1.20 (MCap 120mil) from there. Just look at IGR and others for example.

    Good luck all
 
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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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