FML 7.41% 12.5¢ focus minerals ltd

Ann: TGM: TGM Offer Price Improved and Extension of Closing Date, page-24

  1. 6,576 Posts.
    lightbulb Created with Sketch. 963
    That's not how it works...the $10m loan is unsecured, not convertible. Plus, they already have 63.58% of the company. They do not need more shares for control, as they already have it. There are two ways for them to get their money back - bleed it dry and take it private, or produce. I think saving face will see them produce.
 
watchlist Created with Sketch. Add FML (ASX) to my watchlist
(20min delay)
Last
12.5¢
Change
-0.010(7.41%)
Mkt cap ! $35.81M
Open High Low Value Volume
12.5¢ 12.5¢ 12.5¢ $10.26K 82.15K

Buyers (Bids)

No. Vol. Price($)
5 140038 12.5¢
 

Sellers (Offers)

Price($) Vol. No.
14.0¢ 67030 2
View Market Depth
Last trade - 15.58pm 30/07/2024 (20 minute delay) ?
FML (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.