FML 5.13% 18.5¢ focus minerals ltd

sh activity, page-7

  1. 716 Posts.
    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
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Last trade - 15.45pm 01/11/2024 (20 minute delay) ?
FML (ASX) Chart
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