FML 7.41% 12.5¢ focus minerals ltd

observation, page-5

  1. 1,559 Posts.
    Paul13, I share your view regarding the long term perspective. However, Focus is not the only gold company on earth. There are others out there who quite frankly did a better job of getting the gold out of the ground. Focus is competing with those others for our investment Dollars. What's more, I now fear FML might be in need of another cash infusion, indeed. They have 11M in the bank and who knows how much money it will take to get CRE standing on its own feet? Even Focus on their own operations lost 5M during the September quarter. You know how these CR games are being played. The share price is going to be depressed by some big guys in order to get their hands on millions of new shares on the cheap. I'll get on board as soon as either the CR has been consummated or we have been told what they will do in order to overcome the problems without doing a cash raising.
 
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Last
12.5¢
Change
-0.010(7.41%)
Mkt cap ! $35.81M
Open High Low Value Volume
12.5¢ 12.5¢ 12.5¢ $10.26K 82.15K

Buyers (Bids)

No. Vol. Price($)
5 140038 12.5¢
 

Sellers (Offers)

Price($) Vol. No.
14.0¢ 67030 2
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Last trade - 15.58pm 30/07/2024 (20 minute delay) ?
FML (ASX) Chart
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