Hi Oz
my understanding is that whatever our market cap. and NPV was prior to the deal with SD gave us a market cap around $139 million (roughly) and with nothing in the bank.
We now have the same NPV and usable finance to the value of $225 million (roughly), so basically we had a capital raising of $225 million for 4 billion+ shares and we have that capital to use.
Surely this is a better proposition than what we had.
If I am missing something please let me know as I know nothing.
I still believe Sushi1 has a wrong take on FML's situation and I am not sure as yet what your take is.
As a great"philosopher" (PH) once said: "please explain".
Thanks Jahar
PS I have an order in at 3.1c and hope ite gets filled.
bring back 2009 ?, page-8
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Last
19.0¢ |
Change
0.005(2.70%) |
Mkt cap ! $54.44M | |||
| Open | High | Low | Value | Volume |
| 19.0¢ | 19.0¢ | 19.0¢ | $11.46K | 60.35K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 51329 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 149 | 1 |
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| Last trade - 15.56pm 06/11/2024 (20 minute delay) ? |
| FML (ASX) Chart |