One company has $50m in cash and the other has $130m in debt and building…..that’s a hell of a lot
of dilution to even them out. Apples and oranges!!!
On a side note, early in the week I was listening to “money of mine” podcast where FML got a mention…..
They were speculating if RED would be interested in FML’s neighbour MAU with a m/c of $400m. Also 30% Chinese owned…..
Apparently Magnetic resources(MAU) main gold deposit sits on the northern end of its tenement……1.5m ounces……to the north of that……FML tenements……
Will we see a fire sale from FML as debt mounts?
something will give……..
One company has $50m in cash and the other has $130m in debt and...
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Last
13.5¢ |
Change
-0.005(3.57%) |
Mkt cap ! $38.68M | |||
| Open | High | Low | Value | Volume |
| 14.0¢ | 14.0¢ | 13.5¢ | $655 | 4.768K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2332 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 63338 | 5 |
View Market Depth
| Last trade - 15.30pm 27/09/2024 (20 minute delay) ? |
| FML (ASX) Chart |