Hi Jumpstart,
I am confused.
My 1st sentence:
"think we each know by now, where different posters stand on the sale of 51% of FML to Shandong Gold Group. I have made my views clear at this point in time, however, I too look forward to seeing detailed information about how the funds will be used, the benefits and associated timeline of each of those benefits."
This states that I too want the detailed plan? sorry if I was unclear. I had also stated in many previous posts, I want to see a plan - but at the moment, I am in favour of the deal. What's wrong with that position? Don't we want to see the same thing?
Hi Barndogg
This also has me confused. I must be having several dumb moments rolled into 1. I say this because Shandong are currently offering a 28.21% premium to the current share price. That is well within the ball park range of an offer either be it amicable, or hostile. Even if they offered 6c - a 53.85% premium, then they could buy FML outright for $258M rather than owning 51% for $225M.
Any left of whatever your smoking? I'm keen.
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Last
18.5¢ |
Change
0.005(2.78%) |
Mkt cap ! $53.01M |
Open | High | Low | Value | Volume |
18.5¢ | 18.5¢ | 18.0¢ | $1.968K | 10.81K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 17316 | 18.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
19.5¢ | 54000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 17316 | 0.185 |
4 | 123247 | 0.180 |
1 | 17000 | 0.175 |
1 | 80000 | 0.170 |
1 | 38458 | 0.165 |
Price($) | Vol. | No. |
---|---|---|
0.195 | 54000 | 1 |
0.200 | 93064 | 4 |
0.205 | 10000 | 1 |
0.210 | 7115 | 2 |
0.240 | 65509 | 2 |
Last trade - 14.21pm 08/11/2024 (20 minute delay) ? |
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