hi paul,
the whole thing is odd.
the bloke who started stone was apparently one of the first capitalists in China - he became famous for it (so I read somewhere).
This would mean that he is a party man - very well connected and although wealthy, there would be enormous wealth behind him - and probably not far behind either.
I suppose it could have been ill thought out - but that would surprise me - although the older I get, the more surprised I get.
So they have a go at A1 - a complete basket case - and they try in the most hamfisted way to get cre? - or that's what they are telling us?
None of it makes sense - a blind man on a galloping duck could see that you don't buy a handful of shares and expect to knock over a solid deal between two people who decidedly want to get into bed together --------------
and if you did succeed, where is your expertise? - A few chinese coal miners who have barely survived chinese mining practices? I don't think so.
Personally I think they will either sign over or try and make trouble in any way they can - I can't see that they will just sit quietly - but, who knows?
Maybe they have something up their sleeve - I can't work out what it would be though - or why it would be worth it.
pinto
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Last
37.5¢ |
Change
-0.020(5.06%) |
Mkt cap ! $107.4M |
Open | High | Low | Value | Volume |
39.5¢ | 39.5¢ | 37.0¢ | $97.47K | 260.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 102000 | 37.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
39.0¢ | 7000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 102000 | 0.370 |
2 | 27720 | 0.365 |
2 | 28229 | 0.360 |
5 | 74084 | 0.355 |
4 | 9041 | 0.350 |
Price($) | Vol. | No. |
---|---|---|
0.390 | 7000 | 1 |
0.395 | 22879 | 2 |
0.400 | 40658 | 4 |
0.405 | 4800 | 1 |
0.410 | 10000 | 1 |
Last trade - 15.27pm 18/07/2025 (20 minute delay) ? |
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FML (ASX) Chart |