Given all that has happened:
the DOW tanked 500+ just a few days ago
the FMS drilling reports have all been good
the DOW tanked 449 last night
FMS has had a spectacular rise today
is it possible that someone or some group is holding FMS below 10c to ensure the oppies are not in the money?
I can imagine that some major SH's might not be too happy for their holdings to be diluted by up to 25% or so. I realize that it would not really be dilution, since the coy would have up to $36m to add in their bank account, but it would dilute the % of some holders if they themselves were not holding large amounts of oppies to exercise.
So, what do ppl think? Could it be that some SH's would prefer the oppies did not come in?
any chance fms being deliberately held back
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Last
82.0¢ |
Change
0.020(2.50%) |
Mkt cap ! $159.8M | |||
| Open | High | Low | Value | Volume |
| 82.0¢ | 82.0¢ | 82.0¢ | $1.122K | 1.368K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 396 | 82.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 86.5¢ | 8877 | 1 |
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| Last trade - 11.55am 25/07/2024 (20 minute delay) ? |
| RHK (ASX) Chart |