I reckon your on the money casper. Either an on market buy back of the stock from FML or direct purchase by Shandong itself.
In my opinion with the overhang from Deustche probably gone it maybe be a bit trickier to buy decent lines to get them back to 51%.
In my opinion with drilling results to come and news flow from the board on the structural changes taking place we may have seen the lows.
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Last
38.0¢ |
Change
0.020(5.56%) |
Mkt cap ! $108.8M | |||
| Open | High | Low | Value | Volume |
| 37.0¢ | 38.0¢ | 36.5¢ | $84.71K | 228.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 36.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 38.5¢ | 18301 | 2 |
View Market Depth
| Last trade - 16.10pm 16/07/2025 (20 minute delay) ? |
| FML (ASX) Chart |