Bit of an update from other sources I read this morning about M&A arbitrage funds betting there was about 80% chance the deal would not complete AND on the flipside Derek Francis says the chance of the deal going ahead is about 40%.
Hedge funds gone smashed in this ... that's a fact, but it's kind of funny I guess. They would learn a lesson from this as I.
If FMS manangement have any brains thy will place FMS in a TH after close today or before trade tomorrow to limit any inside plays which could give 4 days for people to think about if it is bad OR will trade straight away after TH if it is good.
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0.043(5.43%) |
Mkt cap ! $164.8M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2000 | 75.0¢ |
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Price($) | Vol. | No. |
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1 | 25 | 0.740 |
1 | 1493 | 0.670 |
1 | 20000 | 0.660 |
1 | 10000 | 0.650 |
Price($) | Vol. | No. |
---|---|---|
0.830 | 2100 | 1 |
0.885 | 4999 | 1 |
0.890 | 9868 | 2 |
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