I'm very confident that FMS has a great future, it has already made good money for some.
To get an idea on what prices are possible in future, we need to have a look at capitalisations. Eg. if FMS was to become the same size as FMG, its share price would be approximately $7.
So we might think that is not possible, so at an FMS price of $3.50 it would be half the current size of FMG. And so on.
AGO is now delivering Fe to its customers. For FMS to be the same size as AGO would mean an FMS price of 45ø. That seems more acheivable to me.
On the other hand, FMS is already bigger than IOH. To match IOH, the FMS price would be 10ø.
The most important aspect to me is their management. With determination and careful management, - which seems to be what we have, - I think that the future is very bright....
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80.0¢ |
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Mkt cap ! $159.8M |
Open | High | Low | Value | Volume |
80.0¢ | 80.0¢ | 79.5¢ | $501 | 627 |
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---|---|---|
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80.0¢ | 16539 | 4 |
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1 | 2075 | 0.730 |
1 | 15151 | 0.660 |
1 | 10000 | 0.650 |
2 | 65000 | 0.530 |
Price($) | Vol. | No. |
---|---|---|
0.800 | 16539 | 4 |
0.820 | 2173 | 2 |
0.830 | 2941 | 1 |
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