FDL flinders diamonds limited

shareprice

  1. 17,232 Posts.
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    FMG shareprice- the bigger neighbour


    FMG have about 1/3 the shares of FDL

    FMG $55 share
    FDL 8c share


    $55/3 = $18.30

    Take out $10.30 share for FMG's remaining assets
    which I think is over the top but ill use it

    leaves $8 share FDL

    FMG has about 2 bill iron ore
    FDL a possible 400 mill

    about 1/5

    $8/5 = $1.60

    even halve that again for the non believers

    .80c

    and again for the downrampers

    .40c

    and again just to keep us all honest


    .20c share potential for FDL minimum


    .....................................


    8c a share.........cant wait to buy more


    PS: this has been compiled with an extreme hangover and shouldnt be used as a guide for investment, purely done to humour myself and others.

    Warnie

 
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