What's a legit price and who determines? Personally, I'd only be interested in offers well above $2.50/sh...that's a minimum market cap of $716M which would place FML on a PE < 10 for Coolgardie alone at the current gold price. Take a look at EMR for a potential analog of where FML could go.
Ann: First Gold Pour at Coolgardie Gold Operations, page-67
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Last
15.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $42.98M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.0¢ | 14.5¢ | $14.03K | 93.86K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 271329 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 4618 | 1 |
View Market Depth
| Last trade - 14.30pm 25/06/2024 (20 minute delay) ? |
| FML (ASX) Chart |