FFX 0.00% 20.0¢ firefinch limited

Correction Abu.... Ground speed..... Read over at that other...

  1. 4,528 Posts.
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    Correction Abu.... Ground speed..... Read over at that other site where they talk of having the largest in the world, But forget its stacked on top of itself... 2 Billion shares (and counting) and some mum n Dad investors are saying its worth X because another is worth Y... All forgetting the Dilutionary effects of having Billions (plural) of shares, Hence why They are at such a low base currently.

    (institutional investors prefer a higher priced base per share to avoid the penny dreadful categorising)

    The Markets certainly irrational, when everyone is ignorant of the facts!!

    Who said here, That management could be scrapping the surface resources before going deep for many years, lowering OPEX??? That other African play...(even the Pilgangorra Deposit is spread over many smaller deposits along 15-20km??? BGS has some interesting benefits to its deposit/resource, yet hasn't sold anything too soon!

    Wonder what would happen to the SP when News is released??? Surely the SP can't sink further??? Barney reckons its just traders moving equity elsewhere to more liquid markets...(hence Price is low on low volume)
 
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