FLX 0.00% 24.0¢ felix group holdings ltd

yanzhou and the yangkuang group company, page-8

  1. 10,261 Posts.
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    Thats my difficulty with this offer or any offer at the moment a figure of $15.00 has been mentioned by posters however the board will be well aware of the company being undervalued and would expect the share price to rise as the world economy recovers possibly at the same time as felix is ready to ramp up production. None are thought to be under pressure to sell. ACMI actually is on a buying spree of its own and has looked at felix but decided not to . So the board will sell I should think only on a hefty premium .This theory is supported by the belief that the board has already turned down figures of $20.00 or more. Can you imagine the negotiators for any buyer telling their superiors or AGM that they paid over $20.00 for a company trading at $8.00 or $9.00 wouldnt look to good on their resume
 
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24.0¢
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Mkt cap ! $49.07M
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Buyers (Bids)

No. Vol. Price($)
1 3820 24.0¢
 

Sellers (Offers)

Price($) Vol. No.
26.0¢ 52500 2
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