As I have posted here before this all smells of fat cats lining their own pockets.
I also agree that the IPO price of 20c for FEX appears over the top given the current FMS price, although I wouldn't be suprised if they have held some announcement back about diamonds and will make some timely releases around float time!
fairness to shareholders, page-44
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Last
82.5¢ |
Change
0.043(5.43%) |
Mkt cap ! $164.8M | |||
| Open | High | Low | Value | Volume |
| 82.5¢ | 82.5¢ | 82.5¢ | $1.592K | 1.93K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2000 | 75.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 83.0¢ | 2100 | 1 |
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| Last trade - 12.30pm 06/09/2024 (20 minute delay) ? |
| RHK (ASX) Chart |