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5.3¢ first graphene limited

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spid81

15,977 Posts.

6856

12/04/22

14:38

Post #: 60808814
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Originally posted by jumpstart: ↑

@spid81
Isn't WKT the opposite version of FGR? The equity wants the lowest price FGR share over 5 day vwap?

The other question is why did FGR think they needed so much cash on hand? It is actually a negative to have too much as it gets used against the company an T.O. situation. (The offerer assumes their firepower includes the cash held by the target because it is their money when new owner)

Last Co. I worked at was often a target. The only way they could keep hold of the show was by increasing the sp. The bleeding obvious, but it is the only tool known to work - increase the premium.

What I dislike about FGR is that every announcement reads as if it is high value.- no nuances. Gives impression of blandness. Same same again.

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Hi jumpy,

the agreements are basically the same,

the main difference, WKT equity is USD fgr AUD.
and the discount to the VWAP. Wkt 5% discount to 5 day Vwap, FGR 3% discount to VWAP.

both have a trailing 20 day window for the vwap.

FGR Price at posting: 17.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 5.3¢		Change 0.001(1.92%)		Mkt cap ! $34.94M

Open	High	Low	Value	Volume
5.3¢	5.3¢	5.3¢	$533	10.06K

Buyers (Bids)

No.	Vol.	Price($)
1	125000	5.2¢

Sellers (Offers)

Price($)	Vol.	No.
5.3¢	135000	1

View Market Depth

No.	Vol.	Price($)
1	125000	0.052
1	121697	0.051
3	208739	0.050
4	216450	0.048
1	10000	0.047

Price($)	Vol.	No.
0.053	135000	1
0.054	271551	5
0.055	100	1
0.056	39375	1
0.057	50000	1

Last trade - 13.09pm 18/07/2024 (20 minute delay)

FGR (ASX) Chart