FML 0.00% 15.0¢ focus minerals ltd

Just ask yourself a question: if you have 228 million dollar and...

  1. 828 Posts.
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    Just ask yourself a question: if you have 228 million dollar and if Don wants you to invest all that money in FML, what would you ask in return???

    I would ask for 51% as asked by Shandong.
    I would ask for a good ROE and ROI.
    I wouldn't want FML using all the 228 million by going on a exploration and expansion rampage and dry up the bank account in 2-3 years.
    I would have management KPI set regarding dividend and share price.
    I would make sure that my Money is used appropriately and make management accountable.
    I would make sure there is share consolidation down the line to remove the share price volatility.
    I would see there is no more capital raise in future and I would block any such attempt by management.

    Ask yourself what you would do and you will get an idea what Shandong is thinking and trying to do...

 
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