FML 0.00% 18.5¢ focus minerals ltd

heya brades..Outstanding anns.....hmm....4c??? ... maybe...

  1. 4,130 Posts.
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    heya brades..

    Outstanding anns.....

    hmm....4c??? ... maybe not...the previous cap raise was if i recall at 4.7c ...so agree with HellYeah that we will see the sp hovering around mid 5s to mid 6s .... remember the market will sell into any strengh this stock shows for now. That 5.5c anchor has to wash out.

    As far as MCap goes, sometimes the market tends to ignore it...just look at SDL / FDL etc ...so honestly i wouldnt worry about it. i do however expect a consolidation around Sep-Nov08 and generally prices would fall...thats when i would probably re-enter. Just my honest speculation, i could be well wrong !!

    If you are currently holding...say ave 9.5c - 10c ....pick up around the mid 5s every once in a while....bring that ave cost down....just means you bring your break-even price closer....then when the time comes sell out to come out...or hold on for paradise..your decision..

    Good luck guys.....
 
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