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spid81

16,349 Posts.

6941

12/04/22

14:38

Post #: 60808814
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Originally posted by jumpstart: ↑

@spid81
Isn't WKT the opposite version of FGR? The equity wants the lowest price FGR share over 5 day vwap?

The other question is why did FGR think they needed so much cash on hand? It is actually a negative to have too much as it gets used against the company an T.O. situation. (The offerer assumes their firepower includes the cash held by the target because it is their money when new owner)

Last Co. I worked at was often a target. The only way they could keep hold of the show was by increasing the sp. The bleeding obvious, but it is the only tool known to work - increase the premium.

What I dislike about FGR is that every announcement reads as if it is high value.- no nuances. Gives impression of blandness. Same same again.

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Hi jumpy,

the agreements are basically the same,

the main difference, WKT equity is USD fgr AUD.
and the discount to the VWAP. Wkt 5% discount to 5 day Vwap, FGR 3% discount to VWAP.

both have a trailing 20 day window for the vwap.

FGR Price at posting: 17.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 5.0¢		Change 0.000(0.00%)		Mkt cap ! $33.21M

Open	High	Low	Value	Volume
5.0¢	5.0¢	4.8¢	$28.66K	573.8K

Buyers (Bids)

No.	Vol.	Price($)
1	298888	4.8¢

Sellers (Offers)

Price($)	Vol.	No.
5.0¢	226782	3

View Market Depth

No.	Vol.	Price($)
1	298888	0.048
1	104308	0.047
2	200000	0.046
2	200200	0.045
3	127875	0.044

Price($)	Vol.	No.
0.050	226782	3
0.051	120000	3
0.052	154067	2
0.053	239315	1
0.054	218119	2

Last trade - 16.10pm 12/09/2024 (20 minute delay)

FGR (ASX) Chart