FML focus minerals ltd

why i have gone long this week, page-8

  1. 141 Posts.
    Hi Stratovarius

    TAM, OZL and to a lesser extent PNA have not fared well with consolidation . . . and it has taken PNA a long time to post a reasonable (not good) share price.

    OZL consolidated 10:1 when it was $1.78 should have given us a $17 share, unfortunately we are languishing around $7 to $8 . . . a bit on the side: Davo will be happy as OZL is my nemesis in 2008 and now and I had no stop loss and it had dropped too far on consolidation to jump out, now a bottom drawer share for me.

    Back to consolidation . . . can someone give me examples of successful current consolidations over the past four years?

    I see no advantage for FML, but remember i know nothing, Jahar
 
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Last
37.5¢
Change
-0.020(5.06%)
Mkt cap ! $107.4M
Open High Low Value Volume
39.5¢ 39.5¢ 37.0¢ $97.47K 260.5K

Buyers (Bids)

No. Vol. Price($)
2 102000 37.0¢
 

Sellers (Offers)

Price($) Vol. No.
39.0¢ 7000 1
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