infose,
Back to McFocus just for comparison to the Twin arches.
One thing is for sure,McD is a price taker,not a price maker as you imply.
At times its a price taker in the breakfast market,the quick snack market and the Coffee and cake market.If it overprices,to what the current market will accept,customers just go elsewhere.
It gets what competing businessses allow it to take.In that sense gold producers are the same.Fair enough if you disagree.
The dollar burger deals on billboards,when i drive past is about minimising cash losses in dead hour periods,not making overhead recovery,beyond raw material/wage costs,if their lucky.Like many miners with cash coming in ignoring,exploration and development to replace what's just been used up,plant wear and tear,to keep the cash flowing.
From a cost perspective,the two have the same underlying inflation pressures.McD keeps its plant full(shopfront)by altering its offer during the day,the cost of its feed and profit from every transaction swinging with the demand and time of day with its floating market pricing.
McFocus has done the same,keeping its shopfront full(mill),without concentrating on Cash in the bank upfront,beyond its ongoing needs.but positioning itself for growth and development options and expanding to meet them.Hence the feed sources and now pit developments when profitable to do so.Mcdonalds also borrows money to grow its business.Have a look at its gearing.It's a very very thin margin business.
However,in adding tenements and other entities,FML is a price SETTER and i for one don't begrudge $59m worth of paper IOU's in the form of extra shares,for 82% of an adopted baby FOCUS that hasn't been trained to poop in the money bucket yet and is still wearing nappies at the moment.
Daddy McFocus will make it happen-again
Nor do i begrudge the outlay of cash and share options for TI.
In fact thanks for the buying bargain it's given savvy existing holders as those that don't want to be here sell out.Flushed out a few traders as well.Thanks also to superficial anylists who are overworked,for lack of indepth research,for amplifying the bargains discount period.
Can't wait until CW does his piece.Then again,will he see what i have seen?It's all in manipulating the numbers as they say.I sort of do hope he does and then I REALLY HOPE NOT.I need that discount period to hang around for a bit longer.End of April would be good.
Maybe your focused Personal research on FML will bring up for you what i have seen.
glad to see you went partying last night.Amazing how a relaxative,in the form of good alcohol allows the thought processes to digress.A good red and a relaxed thought period always produces enough ideas to pay for a gross of bottles for me,if i act upon it.
DYOR+DYODD MMMMMMMMMM McFocus.MMMMMMMMMMM
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Last
19.0¢ |
Change
0.005(2.70%) |
Mkt cap ! $54.44M |
Open | High | Low | Value | Volume |
19.0¢ | 19.0¢ | 19.0¢ | $11.46K | 60.35K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 51329 | 18.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
19.0¢ | 149 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 51329 | 0.185 |
2 | 20500 | 0.180 |
1 | 80000 | 0.170 |
1 | 38458 | 0.165 |
2 | 68631 | 0.160 |
Price($) | Vol. | No. |
---|---|---|
0.190 | 149 | 1 |
0.195 | 37589 | 1 |
0.200 | 86474 | 5 |
0.205 | 10000 | 1 |
0.210 | 7115 | 2 |
Last trade - 15.56pm 06/11/2024 (20 minute delay) ? |
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