Given that only a small percentage of shares are available for sale, it is possible that large instos may not be interested as they will not be able to take a large position per se. Is that a possible scenario?
Now, if the company is going to be making several hundreds of millions over the years, will it continue to buy other projects or pay dividends to shareholders that may be larger than the current share price?
What are the likely future scenarios? We do know the company is likely to be flush with cash and debt free.
Ann: Coolgardie Gold Operations - Bonnie Vale Ore Reserve Update, page-8
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FML (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
15.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $42.98M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.0¢ | 15.0¢ | $6.827K | 45.51K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 44701 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 4618 | 1 |
View Market Depth
| Last trade - 14.25pm 24/06/2024 (20 minute delay) ? |
| FML (ASX) Chart |