What if you were to break it in to two elements and use the formatting controls on the inspector - set the top to display hours and the bottom to display minutes? This would eliminate the line spacing issue.
I am displaying it as a merge variable
but in any case eithert that way or as a field it doesn't work because when you choose 'mm' as the display format it does not display the minute component but converts the time to minutes
Clearly I can create a calc field just for the minutes display but that is adding all the time to the overhead rather than it displaying as one might expect.
Can confirm this is not an ios5 issue having tested with 6, it seems that ANY amount less than 1.0 lines is not honoured
Am reporting this as a bug. As it is.
The best I can tell, fixing display issues is low on their priority list. I have seen three updates for FM12 and FM12GO over the past 9 months and no GUI issues have been fixed. For that matter, no performance issues have been fixed either. I can only assume that they are busy working on the next feature that they can "sell" rather than fixing the poorly implemented ones that we have already purchased.