market depth

Market Depth from this morning looks interesting:

BUYERS SELLERS

Orders Quantity Price Price Quantity Orders
3 96,888 0.031 1 0.032 82,500 2
4 294,931 0.030 2 0.033 100,000 1
6 583,845 0.029 3 0.035 180,000 1
2 935,000 0.028 4 0.036 150,000 2
2 1,050,000 0.027 5 0.037 76,451 1
1 100,000 0.026 6 0.038 135,000 1
5 1,140,000 0.025 7 0.039 185,000 2
2 101,000 0.024 8 0.040 764,692 4
1 160,000 0.023 9 0.043 272,380 1
3 625,000 0.022 10 0.045 430,000

At current market depth and assuming no further sell orders (which I know will not be the case but humour me anyway), an order of 2 million shares will send FML to 4.5c

Watch the movement up starting this month as Gold stocks are destined to bounce. I predict a positive price move up to or above the 5.5c placement price by Christmass.

Next year, one can only guess but FML will be in a very strong position moving into the next calendar year so watch this space. Focus has equiped itself very well through this downturn and has done the shareholders are great service by sticking the plan and delivering the goods.

Some may squeal about the shareprice but I will post some graphs and stats soon on various Australian gold stocks to put what has happened this year in perspective. The market has been smashed and only those with strong fundamentals will come out the other side. Focus is one of those.