Ive been a holder of FML and NGF for some years. My biggest fear with both is low-ball structured offers. I held GDO at 35c and was not a happy seller in the low 50's but the offer was set-up cleavily by the chinese to get control on the cheap. I think right now the same will likely happen to NGF (I hope I am wrong).
It annoys me that the NGF board is so quiet - they are worth 30c+ but will probably fall for 25-26c my gut tells me. What I hope is they only go for 60-70% control and then launch on someone to get genuinely bigger - need critical mass in this industry.
FML register is pretty open and just as vulnerable, if not more, to a takeover than NGF as it has TI sitting there as a potential elephant alongside some ok to decent opearions which are being improved all the time. If FML fell victim to a cleavily structured chinese bid I'd be more annoyed than NGF because right now if NGF fall I'll just buy some more FML!
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Last
18.5¢ |
Change
-0.010(5.13%) |
Mkt cap ! $53.01M |
Open | High | Low | Value | Volume |
18.5¢ | 19.0¢ | 18.5¢ | $13.12K | 70.76K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 15000 | 19.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
20.0¢ | 118797 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 15000 | 0.190 |
2 | 92952 | 0.185 |
2 | 35000 | 0.180 |
1 | 80000 | 0.170 |
1 | 38458 | 0.165 |
Price($) | Vol. | No. |
---|---|---|
0.200 | 118797 | 4 |
0.205 | 10000 | 1 |
0.210 | 7115 | 2 |
0.240 | 15509 | 1 |
0.250 | 98132 | 4 |
Last trade - 15.45pm 01/11/2024 (20 minute delay) ? |
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FML (ASX) Chart |