the report was about as independent as a used car salesman trying to sell a 1984 Volvo....
The report did a good job outlining the benefits of the deal but it did not outline any of the downsides to the deal. An independent report must be written from an independent point of view with the risks and rewards clearly stated...
Obviously becoming a non-controlling interest in a subsidiary of a Chinese company has some inherent risks involved that need addressing which any professional independent analyst would have covered in great detail...
As the report was lacking balance it gave me the impression of a sales pitch, as a sales pitch only ever outlines the positives of a potential sale...
just my 2 cents worth....
regards
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focus minerals ltd
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Last
36.0¢ |
Change
-0.005(1.37%) |
Mkt cap ! $103.1M |
Open | High | Low | Value | Volume |
36.5¢ | 36.8¢ | 36.0¢ | $4.939K | 13.53K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 35024 | 36.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
37.0¢ | 228425 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 35024 | 0.360 |
4 | 51084 | 0.355 |
2 | 51692 | 0.350 |
3 | 30313 | 0.345 |
3 | 64564 | 0.340 |
Price($) | Vol. | No. |
---|---|---|
0.370 | 228425 | 3 |
0.375 | 37977 | 3 |
0.385 | 3800 | 1 |
0.390 | 3899 | 1 |
0.395 | 26300 | 3 |
Last trade - 15.41pm 14/07/2025 (20 minute delay) ? |
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FML (ASX) Chart |