Hi Jumpstart,
I am confused.
My 1st sentence:
"think we each know by now, where different posters stand on the sale of 51% of FML to Shandong Gold Group. I have made my views clear at this point in time, however, I too look forward to seeing detailed information about how the funds will be used, the benefits and associated timeline of each of those benefits."
This states that I too want the detailed plan? sorry if I was unclear. I had also stated in many previous posts, I want to see a plan - but at the moment, I am in favour of the deal. What's wrong with that position? Don't we want to see the same thing?
Hi Barndogg
This also has me confused. I must be having several dumb moments rolled into 1. I say this because Shandong are currently offering a 28.21% premium to the current share price. That is well within the ball park range of an offer either be it amicable, or hostile. Even if they offered 6c - a 53.85% premium, then they could buy FML outright for $258M rather than owning 51% for $225M.
Any left of whatever your smoking? I'm keen.
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14.0¢ |
Change
0.005(3.70%) |
Mkt cap ! $38.68M |
Open | High | Low | Value | Volume |
13.5¢ | 14.0¢ | 13.5¢ | $497 | 3.569K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 14865 | 13.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
14.0¢ | 22044 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 14865 | 0.135 |
6 | 63039 | 0.130 |
2 | 11763 | 0.125 |
3 | 37787 | 0.120 |
2 | 18181 | 0.110 |
Price($) | Vol. | No. |
---|---|---|
0.140 | 22044 | 1 |
0.145 | 11549 | 1 |
0.150 | 144463 | 7 |
0.155 | 18648 | 2 |
0.160 | 52359 | 4 |
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