Folks,
It appears to be a JV, Shimmer good call, my call was wrong being an update from OTML, slackers. Whoever it is it gives me a large leap of confidence in FNT.
Only one or two things are chipping at me and I would like to hear comments from the group.
"If it is a Newcrest/Barrick/Goldfield what will OTML do in reaction to the announcement? OTML hold a large number of FNT shares could they dump the stock hurting the SP? The other thought was whats stopping them making a TO of FNT outright?"
Appreciate comment
announcement, page-16
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Last
0.5¢ |
Change
-0.001(10.0%) |
Mkt cap ! $10.99M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.4¢ | $11.09K | 2.247M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 7664994 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 15279572 | 26 |
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| Last trade - 13.45pm 11/07/2024 (20 minute delay) ? |
| LNR (ASX) Chart |