So true I Wish. Shandong will not be selling their shares on market like DB therefore if anyone wants to enter they need to pay a premium which means we get good SP gapital gain.
Shandong are after the dividends that will flow from all those oz's to be unlocked by this investment. If they do ever sell out I doubt it won't be on market it will be by a placement to another interested party. Therefore still no additional sheres out there available to buy for other investments.
Supply and Demand. There will be no extra shares available for trading with this Shandong deal so I'm positive the SP is going to skyrocket once they find that elephant under TI and have cash at the ready to dig the elephant out.
At this stage we haven't got the cash to find it, yet alone did it out.
ann: fml to raise 227.5 mill via placement, page-71
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Last
14.0¢ |
Change
0.005(3.70%) |
Mkt cap ! $40.11M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 14.0¢ | 13.5¢ | $802 | 5.754K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 14865 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 19859 | 1 |
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| Last trade - 16.10pm 08/10/2024 (20 minute delay) ? |
| FML (ASX) Chart |