FML 3.70% 14.0¢ focus minerals ltd

possible explanation

  1. 1,086 Posts.
    I seem to remember that when the Opes Prime issue came to light that FML was one of the stocks they held. Unfortunately, when you look at the lists published with the ANZ announcements from time to time they only show stocks where the holding is at least 5% of a company's stock. That means they could be holding quite a few million shares with FML, maybe as much as 4.9%, & you wouldn't be able to see what's happening. I strongly suspect that this is the cause of the current sell-down.
 
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