Great post Mamba,
A realist at last. Does FML think they can deliver rave reviews but a falling SP forever?
We will not vote for their raises, we will ask difficult questions at the AGM, and if they are not careful we will vote for new management! Their #1 goal should be to return value to their investors. I understand they want to chase growth but there is a middle ground. Keeping their shareholders fully informed of their plans would help.
I bought in because of TI at Lake Cowan because they had some grades of 58GM per ton. Since initial results I have heard almost nothing. Due to it being near a lake I think a big find may have been overlooked in the past. Full details of what they are doing/finding may also help the SP.
In my fantasy they are allowing the SP to tank due to Stone and CRE, while buying themselves. Then at the AGM we get some incredible announcement of a massive find at TI and the stock price doubles, and goes up consistently from there.
One is allowed to dream, especially as reality with this stock is such a nightmare!
IE
"investor relations", page-39
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Last
14.0¢ |
Change
0.005(3.70%) |
Mkt cap ! $40.11M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 14.5¢ | 13.5¢ | $12.79K | 91.36K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 60148 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 14983 | 1 |
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| Last trade - 15.59pm 19/07/2024 (20 minute delay) ? |
| FML (ASX) Chart |