Whether you agree or disagree with the vote you must at the very least conceded that we find ourselves in one of two very dire situations:
A) The BAD situation:
FML is a fundamentally competent company facing a rising gold price.. But with completely incompetent leadership, who are either:
-incapable of positively communicating to shareholders the value of their negotiated deal, or,
-unable to positively communicate a deal that ISN'T POSITIVE, as they desperately try to sell out.
or,
B) The WORSE situation:
FML is a fundamentally incompetent company facing a falling gold price. But with completely competent leadership, who are either:
-incapable of suring up our resource base before they 'know' gold is to fall off a cliff, or,
-unable to explain to shareholders the real issues damning the company due to some three dimensional chess, catch 22 senario.
To my mind, situation B is an paradox! If we had competent management why would we have a desperately ailing company existing In a time of record gold prices?
No, I don't buy it!
FML is not floundering. Gold is not failing. FML Is just a slow and steady winner run by board at risk of being impatient losers!
Vote NO!
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Whether you agree or disagree with the vote you must at the very...
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Last
13.5¢ |
Change
-0.005(3.57%) |
Mkt cap ! $38.68M |
Open | High | Low | Value | Volume |
13.5¢ | 13.5¢ | 13.5¢ | $54 | 400 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 52054 | 13.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
15.0¢ | 2100 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 52054 | 0.135 |
2 | 20009 | 0.130 |
3 | 62595 | 0.120 |
2 | 18181 | 0.110 |
1 | 8571 | 0.105 |
Price($) | Vol. | No. |
---|---|---|
0.150 | 2100 | 1 |
0.155 | 14055 | 2 |
0.160 | 37300 | 2 |
0.165 | 71956 | 3 |
0.175 | 16889 | 3 |
Last trade - 12.52pm 04/09/2024 (20 minute delay) ? |
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FML (ASX) Chart |