As long as they have enough to do what they do best, manage the mine, then they should leave the choice of whether and what to diversify into to the share holders. It's unlikely that expected cash growth will all be needed merely to expand. A whole new additional plant wouldn't go half a years expected income.
Only exception is acquisition of/merger with like companies.
I trust this management to achieve value there.
something to remember for now, page-8
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Last
16.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $47.28M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 16.5¢ | 16.5¢ | $19.90K | 120.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.5¢ | 21067 | 3 |
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| Last trade - 10.15am 16/10/2024 (20 minute delay) ? |
| FML (ASX) Chart |