Basically if they think the market's undervaluing it, they can take it private and realise the profits themselves and have full control over the company (as well as not having to pay ASX listing fees or comply with their regulations).
Just speculation, but this amount of director buying is very interesting.
Basically if they think the market's undervaluing it, they can...
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Last
18.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $83.41M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.5¢ | 2100 | 1 |
View Market Depth
| Last trade - 16.12pm 05/07/2024 (20 minute delay) ? |
| FLN (ASX) Chart |
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