Had management been a bit more savvy to the economics and increased strikes occurring, instead of suggesting doubling of salaries, it may have been a more subtle and acceptable to stage the increase, and probably avoided a strike..
To avoid a 2nd strike, I would suggest to FML PR that they conduct a survey of shareholders and collate the individual feedback for voting against the renumeration...Unless they already know the main knee jerk to the strike.
However, on saying this, I think management have done an astute effort 2010-2011.
Some hard decisions had to be made, that distracted from the FML Coolgardie Ops, and misted the blinkered visions of most shareholders, as to where the SP coodabeen be at this stage.
These decisions look like delivering paydirt, however LTs may have to be patient a bit longer.
IMHO, there is bigger fear and possibility of selling FML and getting burned..rather than buying and getting burned.
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Last
19.5¢ |
Change
0.005(2.63%) |
Mkt cap ! $55.87M |
Open | High | Low | Value | Volume |
19.0¢ | 20.0¢ | 18.5¢ | $104.4K | 541.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 13354 | 19.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
19.5¢ | 81748 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 13354 | 0.190 |
1 | 15000 | 0.185 |
2 | 65000 | 0.180 |
1 | 7852 | 0.175 |
2 | 108446 | 0.170 |
Price($) | Vol. | No. |
---|---|---|
0.195 | 81748 | 1 |
0.200 | 100000 | 1 |
0.210 | 7115 | 2 |
0.220 | 17000 | 1 |
0.240 | 15509 | 1 |
Last trade - 15.23pm 28/10/2024 (20 minute delay) ? |
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FML (ASX) Chart |