I am amazed how many of you (FML Shareholders) are so positive on this company. Unfortunatly I hold a mozza of those shares and should have kept to a stop loss.
For me it is not the shareprice that is frightening but the direction is is going , it's down, unrelenting. Sellers outweigh buyers almost 2:1 .
So from a chartist point of view, don't touch it.
It is not alarmist to expect the shareprice to drop to 2.5c before a turn around and then only if the company can get their production costs much lower than currently.
This is a realistic outlook and unfortunatly so contrary to the optimistic majority.
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