FBM 6.25% 3.0¢ future battery minerals limited

This is absurd. Since the announcement of a significant lithium...

  1. 1,124 Posts.
    lightbulb Created with Sketch. 203
    This is absurd. Since the announcement of a significant lithium find, the FBM market cap has increased by about $ 14 million (from $19 million to about $32 million). That is for 80% of the ownership. According to these figures, 20% of LSR should be worth $3.5 million at this time. Most importantly, the real appreciation will start once they start drilling close to the area of that intercept. No one knows the actual value of this find. It could easily be over $200 million. That means $40 million to LSR. It would be crazy to suggest $0.5 million for LSR’s 20%.
 
watchlist Created with Sketch. Add FBM (ASX) to my watchlist
(20min delay)
Last
3.0¢
Change
-0.002(6.25%)
Mkt cap ! $19.86M
Open High Low Value Volume
3.3¢ 3.3¢ 3.0¢ $76.65K 2.450M

Buyers (Bids)

No. Vol. Price($)
2 169500 2.9¢
 

Sellers (Offers)

Price($) Vol. No.
3.0¢ 145842 1
View Market Depth
Last trade - 15.34pm 05/07/2024 (20 minute delay) ?
FBM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.