Whatever pinto
All this means is that they get the other 49% cheaper down the track
The Chinese aren't sitting on Comsec all day refreshing their watchlist every 5 seconds
Smart move to keep the operational side of things as is. Existing management know the assets. Buy 51% now, wait til share price gets to 2c, then take out the rest
Show me another example where Chinese have taken controlling interest in a mining company and the share price has appreciated substantially down the track? I challenge you
Brockman Wah Nam comes to mind here. Time will tell
Cheers
Whatever pintoAll this means is that they get the other 49%...
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Last
15.0¢ |
Change
0.010(7.14%) |
Mkt cap ! $42.98M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.0¢ | 15.0¢ | $11.12K | 74.16K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9711 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 4618 | 1 |
View Market Depth
| Last trade - 12.59pm 21/06/2024 (20 minute delay) ? |
| FML (ASX) Chart |