FML 1.85% 13.8¢ focus minerals ltd

morning,I know there is pessimism around because of sp and also...

  1. 84,486 Posts.
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    morning,

    I know there is pessimism around because of sp and also consolidation concerns.

    That said, does anyone think it is possible for ANY company of ANY size/structure that has a market cap of $140m ish and is solid and pulls a tier one asset out of the hat - to actually stay a $140m company ---

    If assets are gems and lying on the ground, can you seriously believe that someone isn't going to try and pick them up?

    It would be the first time in the history of man and commerce?

    If fml keeps going well and comes in with an elephant - the only possible way for it to stay cheap is for us to sell out cheap and it disappears off the screen altogether - and that might happen - but it will only happen to my shares if a raider gets enough to compulsorily aquire them!

    There is no way I am getting out of this company - if things get really exciting eg. TI - and the sp stays the same I will seriously consider fronting management and anyone else who is interested in doing a buy out - why the hell not?

    Have a great day and a wonderful 11

    pinto
 
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