Same here. I wonder if the market is re-adjusting the SP to allow for the xfer of the intrinsic value from CHN to FAL - is this what is happening now ? Its a bloodbath out there right now - big SP drop down to 5-6% but lets see what happens at market close later today. But if they valued FAL at 50 cents per FAL share so thats practically $1.50 off $10 = approx $8.50 so it makes sense to me but I could be wrong.
I’m not fussed about the big dip today and its tempting to top up while the SP is this low. Good luck guys !
Ann: Falcon Metals Raises $30 million in IPO, page-19
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$1.60 |
Change
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Mkt cap ! $622.4M | |||
| Open | High | Low | Value | Volume |
| $1.57 | $1.65 | $1.56 | $2.767M | 1.719M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2888 | $1.60 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.61 | 1243 | 1 |
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