Yep, it would be an opportunistic offer - most T/O's are. AS received his shares for free, so @ 80c, that's a $20m payday & $13m for Roly but yes I very much doubt they would sell at that level.
Alcoa could easily get their hands on GEM's 36m options @ 80c & the remaining 9m oppies which would make then the largest shareholder with 45m shares. There's probably 30m-40m in nominee accounts as well - so they could very easily end up with 100m shares and then buy 80m on market and BOOM, they've got 51% - all imo and very do-able. Obviously hope not as we all know what fair value for FYI is.
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Last
5.4¢ |
Change
-0.002(3.57%) |
Mkt cap ! $20.02M |
Open | High | Low | Value | Volume |
5.9¢ | 5.9¢ | 5.4¢ | $7.188K | 123.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 9300 | 5.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.9¢ | 182090 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 9300 | 0.054 |
1 | 190 | 0.053 |
2 | 490000 | 0.051 |
1 | 12026 | 0.050 |
1 | 15000 | 0.035 |
Price($) | Vol. | No. |
---|---|---|
0.059 | 182090 | 1 |
0.060 | 20178 | 1 |
0.061 | 4339 | 1 |
0.063 | 40580 | 2 |
0.065 | 297086 | 1 |
Last trade - 11.57am 06/09/2024 (20 minute delay) ? |
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