Market cap before this announcement was $5.2M. Project sold for $12.5M (mix of shares, cash, scrip and settlement of creditors on project). Picked a bad day to be announcing this, but eventually sp must go from 9c to 20c. However, that leaves them with no project, other than the shares they holding company buying the project.
Not sure they have anything else of value project wise. I think that leaves them as pretty much a cashed up company looking for a project.
- Forums
- ASX - By Stock
- Ann: Sale of Manica Gold Project
Market cap before this announcement was $5.2M. Project sold for...
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FBM (ASX) to my watchlist
|
|||||
Last
1.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.64M |
Open | High | Low | Value | Volume |
2.0¢ | 2.0¢ | 1.9¢ | $3.233K | 162.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 77510 | 1.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.0¢ | 155020 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 77510 | 0.019 |
5 | 345413 | 0.018 |
5 | 608823 | 0.017 |
2 | 563388 | 0.016 |
1 | 500000 | 0.015 |
Price($) | Vol. | No. |
---|---|---|
0.020 | 155020 | 1 |
0.021 | 17236 | 1 |
0.022 | 29600 | 1 |
0.023 | 105050 | 2 |
0.025 | 342142 | 2 |
Last trade - 13.53pm 06/09/2024 (20 minute delay) ? |
Featured News
FBM (ASX) Chart |