what is of great interest is the future should the deal go through, FMS presumably have other assets the directors were all excited about,what going to happen ,certainly a joy ride for the board till retirement is not acceptable.
so what proposals are there for the remaining assets, in the abscence of a proposal all FMS will be worth is a discounted value which will probably be less than the current sp. should this deal go through.
as i currently hold at approx. 83% loss I am not prepared to sell, a disbursement of assets might be OK or a pittance to collect over the next 20years but selling is not on the table unless full capital recovery is possible, I hold them at cost for tax purposes
Trading, page-179
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Last
77.0¢ |
Change
-0.035(4.35%) |
Mkt cap ! $159.8M | |||
| Open | High | Low | Value | Volume |
| 80.0¢ | 80.0¢ | 76.5¢ | $4.101K | 5.275K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2211 | 77.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 86.5¢ | 7128 | 1 |
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| Last trade - 12.14pm 29/07/2024 (20 minute delay) ? |
| RHK (ASX) Chart |