Going private and the Independent appraiser will say the standard "not fair but reasonable" to the offer.
The sp was as high as 40 c a few years ago. I bought years ago and average is 49 cents now 21 cents.
The situation may be one of "be careful for what you wish".
If it is a duster, going private might be off the cards. On the other hand if it looks awesome - that might be the trigger to go private. Perversely we may be better served by a result more ordinary than spectacular.
Ann: Response to ASX Price Query, page-14
Add FML (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
15.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $42.98M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 74571 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 5000 | 1 |
View Market Depth
| Last trade - 16.12pm 09/07/2024 (20 minute delay) ? |
| FML (ASX) Chart |
Day chart unavailable