It seams obvious that none of you have gone through a consolidation before. If they consolidate the price 10-1 up to 34 cents it will drop to 10c. thats the nature of the beast. I have been involved in many consolidations and the same thing happens every time. A higher price will only be sustained if production supports it and FML cannot support even 5c at the moment. also anyone that voted yes to the take over, (yes 51% is a take over whether you agree or not, they now own the controlling share of the company) on the back that the price will go up can kiss their money good bye. IMHO!!!!
consolidation of 4b shares to 400m shares?, page-15
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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 |