Good points to bring up, no doubt.
At present day FMG is now in a position to take on the competition. Very recently, FMG'S MC surpassed the big 4 banks in Australia, and is a regular top 10 ASX company. You can see Twiggy's been at the forefront of recent M&A action, going into bidding wars with BHP & IGO, and coming out on-top in out-bidding BHP, although it was through his Wyloo Investment vehicle, not FMG directly.
A new district scale copper/gold operation in WA would be the kind of operation he could take on, and bring to development in a prompt & realistic timeframe.
But yeah, just to clarify, I'm not blindly stating that a T/O from Twiggy would be good for AZY'S MC, but it would bring a lot of attention and increased value
Good points to bring up, no doubt. At present day FMG is now in...
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Last
3.1¢ |
Change
0.002(6.90%) |
Mkt cap ! $148.0M | |||
| Open | High | Low | Value | Volume |
| 2.8¢ | 3.2¢ | 2.8¢ | $853.6K | 28.24M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 3633058 | 3.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.2¢ | 4378770 | 14 |
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| AZY (ASX) Chart |