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
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Last
12.0¢ |
Change
-0.005(4.00%) |
Mkt cap ! $35.81M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 12.5¢ | 12.0¢ | $6.386K | 51.55K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 9748 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 9720 | 1 |
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| Last trade - 12.52pm 31/07/2024 (20 minute delay) ? |
| FML (ASX) Chart |