FML
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3.57% 13.5¢ focus minerals ltd

Ann: TGM: TGM Offer Price Improved and Extension of Closing Date, page-17

  1. tonybarber
    79 Posts.
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    15/02/22
    19:20
    Post #: 59591374
    I’m very confused. TMG up their offer by about 10c and the SP doesn’t move . Who in their right mind would want to sell out at 30c with what’s going? LM3? Equally I don’t understand what TMG are up to. They have no chance of a t/o and will be left holding an expensive small share of FML. They could have built a stake if they had purchased on the open market but they don’t seem to have any cash. Still at least it’s added a bit of excitement after 10 years of ennui
    FML Price at posting: 29.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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