"i'd pick Goldman/volatile POG/GFC II/Volcanic Ash/Earthquakes/Sovereign debt and a lacklustre Gold Sector before I chose the share reg as the reason for a lowly SP."
Hi Choo
all of the above are recent events with the exception of GCFII, although I,m not convinced there is another GFC looming.
Back on 18/1, FML was .078 with 157m shares turnover. They were .052 on 26/3.
A 2.6c (33%) drop from a penny stock is a fair chunk.
FML share performance is as irrational as the Dow.
I was silly enough to convince myself that when Baker Steel offloaded, that the main manipulator had gone. Not so.
I bought into FML as an LT (3 lots) in Sept 09 with an ave @ .057c. ( 7 months on-still 057c!). I can only keep on buying at this price.
The purpose was to bonus up the retirement pot, to fund all the extra curriculae that retirees have, world trips etc.
I still have 2 years to go and believe FML will produce the goods, but my questions keep arising.
Is this stock currently undervalued?
Why a 33% lack of interest on a stock that is touted to become a strong mid tier producer.?
Over the past few weeks the POG was steadily rising to $1160+, yet FML didn,t make it over .060 until the Mount ann.
That appears to indicate POG is not a big factor for FML atm.
Therefore, is the FML share price being suppressed deliberately in Australia on a daily basis.?
I might send these questions to FML, as in previous interviews
i,ve listened to, the questions to management were as hard hitting as a custard pie.
To the consolidation lobbyists.. Check out Elders consolidation, then come back to HC and tell us all that it is still your preferred battle cry.
Cheers
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Last
15.0¢ |
Change
0.005(3.45%) |
Mkt cap ! $42.98M |
Open | High | Low | Value | Volume |
15.0¢ | 15.0¢ | 15.0¢ | $7.169K | 47.79K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 72753 | 14.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
15.5¢ | 14055 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 72753 | 0.145 |
3 | 56138 | 0.135 |
2 | 24000 | 0.130 |
2 | 29121 | 0.120 |
2 | 18181 | 0.110 |
Price($) | Vol. | No. |
---|---|---|
0.155 | 14055 | 2 |
0.160 | 47300 | 3 |
0.165 | 34919 | 2 |
0.170 | 8718 | 1 |
0.175 | 16889 | 3 |
Last trade - 15.33pm 13/09/2024 (20 minute delay) ? |
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