@Recruiter10 ...."
the mood of investors here has changed dramatically."
Yes some of us investors thought it a great opportunity to buy some more shares while the price is cheap. I've added 100k shares since the cap raise.
There seems to be a campaign by a few posters to talk the company/directors down, for what end I have no idea. If you really think everything is bad, then sell.
Is everything about the company 'perfect', no but it never is with any company. There is always things we think could have been done better, but without all the facts it's very premature to make snide remarks like I've been seeing here. The Managing Directors name is Mike Anderson, not what you write. If you think so little of the MD of the company you own shares in and you can do better elsewhere, then sell and go there.
If you don't think you can do better elsewhere with your funds, then show some respect to the BOD and management as they have increased the value of Firefinch shares by 1000% since the March 2020 lows and 200% since mid December.
Any large party looking to increase their shares in the company have known that there would be no great announcements this week, because directors bought at the end of last week. Big players have been able to bide their time and pick up shares slowly from disgruntled shareholders.
@DPR When do you think is a good time to invest in shares?? When the company is overvalued or when it's undervalued?? I tend to think buying undervalued companies before the market wakes up to them is the best time to buy, hence I've been buying here as boxes get ticked.
Interesting you use the same derogatory terminology as
@Recruiter10 instead of the man's name, yet have a 'buy' sentiment on the company. Are you trying to get people selling so you can pick up more??
This is a comment of yours in November last year...."
Lithium currently valued at $0 despite the millions upon millions spent and now the company is getting punished for having a gold asset.....Something has to change. "
The SP was 15c at the time. Nothing 'changed' the BOD and management just went about building the business methodically, yet the SP has gone up to 40c, so you have done very well by just holding for 8 months.
As a hint that rate of return from just $10,000 in 8 months is 166% since mid November. If you compounded that same rate for 8 years you would have over a Billion dollars!! I don't suspect there are any here that have done that well over the last 8 years, so knocking management here for an outstanding performance is just ludicrous.
@newbieguy ..You really want to compare with AVZ?? At the end of 2020, Dec 31st, FFX were 18c and AVZ 17c, since then they have put on 2 cents while FFX have more than doubled to 40c. There is no comparison, shareholders here have done much better in the same time period.
Our management were able to raise funds near the companies recent highs bar ONE spike day. They also raised at a 50% premium to February high prices.
AVZ managed to raise at a 40% lower price than 6 months prior. Firefinch management win hands down in any recent comparison for performance and timing of cap raises!!
