one thing to remember in all this is that the share price of cre is still a significant factor and can get FML over the 90% mark as is with no cap raising.
I havent done the maths to work it out but I believe there is a price point where the VWAP of CRE will allow FML to convert its notes and get 90%.
Sit back and wait for the appropriate time maybe?
takeover re-rating, page-4
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Last
14.0¢ |
Change
-0.010(6.67%) |
Mkt cap ! $40.11M | |||
| Open | High | Low | Value | Volume |
| 14.0¢ | 14.0¢ | 14.0¢ | $15.59K | 111.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7230 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.5¢ | 100000 | 1 |
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| Last trade - 12.31pm 18/09/2024 (20 minute delay) ? |
| FML (ASX) Chart |