What's a legit price and who determines? Personally, I'd only be interested in offers well above $2.50/sh...that's a minimum market cap of $716M which would place FML on a PE < 10 for Coolgardie alone at the current gold price. Take a look at EMR for a potential analog of where FML could go.
Ann: First Gold Pour at Coolgardie Gold Operations, page-67
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Last
14.0¢ |
Change
-0.025(15.2%) |
Mkt cap ! $40.11M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 15.0¢ | 14.0¢ | $34.69K | 242.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 132799 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 4616 | 1 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| FML (ASX) Chart |