"Do we need to see even more dilution via a "corner stone" investor ?????"
who says its about getting a cornerstone investor via dilution? It doesnt have to be about a placement.
Its PR.
People will be there to see if there is anything they might like to invest in. From fund managers, advisors and those with some cash looking for a home away from the $US.
If they like what they see whats to stop them buying on market? Its not as if there is a shortage of shares for sale on market.
The more people that they get interested in FML the better. Present away I say.
management's communication, page-14
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Last
13.0¢ |
Change
-0.005(3.70%) |
Mkt cap ! $37.25M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 13.5¢ | 13.0¢ | $4.572K | 34.43K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100000 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 29731 | 1 |
View Market Depth
| Last trade - 12.16pm 08/08/2024 (20 minute delay) ? |
| FML (ASX) Chart |