They have had a long time to choose to do that, they could have put a nominee forward during the spill but didn't. They are in it for the capital gain, same as plan they had when they invested in the other three Australian small miners over the last 10 years. This one has paid off for them whereas the others didn't and now they are merely averaging up so buying more at 8 cent merely moves their average buy price from 2.8 cents closer to 3 cents. Nothing more but they certainly hold the key to driving an improved price if TIO want to have another crack at buying 100% of FMS.
BBIG website, page-26
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Last
83.0¢ |
Change
-0.020(2.35%) |
Mkt cap ! $165.8M | |||
| Open | High | Low | Value | Volume |
| 84.0¢ | 84.0¢ | 81.3¢ | $13.56K | 16.35K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1612 | 80.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 83.0¢ | 4000 | 1 |
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| Last trade - 13.41pm 11/10/2024 (20 minute delay) ? |
| RHK (ASX) Chart |