FML 0.00% 16.5¢ focus minerals ltd

Sentiment will turn sour overnite - globally sit back and watch...

  1. 12,607 Posts.
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    Sentiment will turn sour overnite - globally

    sit back and watch - we're still on the yoyo-ride from hell - lol

    as for me - will sit back but think for me it will be:

    Since I can't make "real" money investing in FML will do what is is so much easier to do:

    Keep my "cheap" core holding and start TRADING the rest!

    Every time FML goes up by 2 clicks, sit back and watch it fall back by 4 !

    My recommendation: they better give some good explanations of proposed ways out of this "mess" at AGM and announce a 25:1 consolidation along with a new company strategy of borrowing money for future cash needs (interest being a tax deduction anyway) to put a stop to further SH dilution!!!!!

    SH value has been compromised far to much to dilute even further by a CR.

    Wish I could attend the AGM !!!!!
 
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