Do you/anyone have much inside why they spend A$20m drilling this year?Since Shandong controls 49%+ and do not have FIRB to go above 50%, they can’t really convert those loan into equity without a friendly investor to inject further equity and create dilution hence capacity for them… it really seems a major dilution event is coming. Or am I missing something?
Do you/anyone have much inside why they spend A$20m drilling...
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FML (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
14.5¢ |
Change
0.005(3.57%) |
Mkt cap ! $41.55M | |||
| Open | High | Low | Value | Volume |
| 14.0¢ | 14.5¢ | 14.0¢ | $13.80K | 98.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 81170 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 8470 | 2 |
View Market Depth
| Last trade - 15.36pm 01/07/2024 (20 minute delay) ? |
| FML (ASX) Chart |