Hi Reiner,
Think that Fitnfam is probably the best placed of the general posters to this forum to answer your question as he has been following this matter very closely.
He, a few others and I discussed this matter on this forum last year, and from memory the consensus of opinion was that Stone would be "fairly screwed" if CRE ever became a private company, and that they (Stone) would cut a deal with FML before such an event took place.
As CW has pointed out other shareholders in CRE are now faced with a poisoned chalice in terms of who do they sell their shares to, and at what price?
There is a potential downside to what is going on, and that is that Stone (or one of its big brothers) might make a play for FML (may be not straight away, but at some time in the future).
My offering on this from a personal viewpoint only, and not from a member of the forum police.
cheers, kentwang
Hi Reiner,Think that Fitnfam is probably the best placed of the...
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Last
14.0¢ |
Change
-0.025(15.2%) |
Mkt cap ! $40.11M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 15.0¢ | 14.0¢ | $34.69K | 242.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 132799 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 4616 | 1 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| FML (ASX) Chart |