I've always watched FML from afar, traded her a couple of times along the line as well...thought it had some potential.
That's over with now...
Those that see going from 1.5 billion shares/options on issue to 3 billion to raise only $28M doing so, as a positive, must have rocks in their head.
Three billion shares on issue DOES matter.
For holders, there's no point participating in the placement....it's definately going below two cents.
Ann: Capital Raising and Growth Strategy , page-31
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Last
16.5¢ |
Change
-0.005(2.94%) |
Mkt cap ! $47.28M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 17.5¢ | 16.5¢ | $2.938K | 17.53K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3014 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 38500 | 1 |
View Market Depth
| Last trade - 15.35pm 18/11/2024 (20 minute delay) ? |
| FML (ASX) Chart |