XAO 0.32% 8,633.2 all ordinaries

FML, shows how undervalued it was asset wise, but deal looks too...

  1. 19,194 Posts.
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    FML, shows how undervalued it was asset wise, but deal looks too drawn out....FML has been under cash for as long as I can remember but did get a good trade to 70c area last time it ran on AUD Gold.

    But still way under cash....I guess depends what they can do with it, been in the slow lane for awhile.

    I was so close to buying under 20c, looked at it heaps of times.....got distracted.

    Looked at some of the overseas goldies, but WAF, OKU, RGS (trade only) really haven't got the leverage out of the AUD Gold lift. 

    DRM and EAR 2 I haven't looked at much, but have had a few mentions.

    If this price has legs, we know it will filter down into the junior explorers more. and look for some more M&A in space. 
    RMS wrapped up EXU with 90% achieved.
    I noticed IAU failed in their RTO of A1C (but impressed with new CEO appointment)
    Last edited by Sector: 12/02/19
 
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