FML 2.78% 18.5¢ focus minerals ltd

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  1. 876 Posts.
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    Stumpy
    FML can't force "compulsory acquisition" anymore by converting their loan. They can convert and will then own more than 90% of CRE but because the takeover offer is now closed that won't force compulsory acquisition rules over Stones holding. Compulsory acquisition can only happen now if a new takeover is made by FML and FML receives 90% acceptance of the outstanding shares to which the takeover applies, ie if stone accept a t/o offer then the other minorities will be forced to sell under the compulsory acquisition rules.
 
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Last
18.5¢
Change
0.005(2.78%)
Mkt cap ! $53.01M
Open High Low Value Volume
18.5¢ 18.5¢ 18.0¢ $1.968K 10.81K

Buyers (Bids)

No. Vol. Price($)
2 17316 18.5¢
 

Sellers (Offers)

Price($) Vol. No.
19.5¢ 54000 1
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Last trade - 14.21pm 08/11/2024 (20 minute delay) ?
FML (ASX) Chart
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