Simple guys, my last post was a question to you. The answer was no second bid as expected hence the second lowball from Toad.
A number of my posts lately I have been eluding to the possibility to a second bidder this time around if Toad makes another offer. FMS has the deposit, its front and centre and the backbone of the whole Balla Balla proposition.
As I have said a few times while somewhat optimistic I am hoping their is a second offer to create a competition and inject real value into the share price. If you guys are happy to sit and wait for the net lowball that your choice I prefer to aim higher.
At the end of the day all we can do is speculate unless someone you know were to find a leak. If my speculation concerns you think of something else. I'm just trying to keep all options/possibilities open as the stakes are high for the big players involved. I like the thought of Toad being topped.
To me the game changer is OCJ not Toad. They really hold the sway. But we all know this already. Now are they here for some coin or did they invest in FMS for the iron ore knowing they sitting on a high quality deposit.
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Mkt cap ! $154.8M |
Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
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1 | 8282 | 75.5¢ |
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1 | 25 | 0.690 |
1 | 1000 | 0.680 |
1 | 2000 | 0.650 |
1 | 10000 | 0.630 |
Price($) | Vol. | No. |
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