hi f&b,
over $200 m is way out of retail league - no matter how many shareholders we are talking about.
I personally think that with this huge amount of money - Don has done it the only way I can think of (at this point). I don't see many around who could have swung this.
What he is giving us is an option.
For me - everything about this is a double edge.
1. The timing is near perfect (I would have probably preferred it about 6 months back)
But on the other hand the timing is dreadful - low sp and if Dino hits a biggie next month, then that will happily complicate matters :) (personally I will be stunned if he gets zip)
2. We get the cornerstone we really need -- but, the risk is that they have control, and they are at least potentially state influenced.
3. The injection is huge - enough for all our needs and future security in these troubled times - but, the potential downside is obvious.
This isn't easy.
have a great day
Pinto
- Forums
- ASX - By Stock
- dear mr. taig
hi f&b,over $200 m is way out of retail league - no matter how...
-
- There are more pages in this discussion • 38 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FML (ASX) to my watchlist
|
|||||
Last
13.5¢ |
Change
-0.005(3.57%) |
Mkt cap ! $38.68M |
Open | High | Low | Value | Volume |
14.0¢ | 14.0¢ | 13.5¢ | $6.856K | 49.57K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 36133 | 13.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
14.0¢ | 67030 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 36133 | 0.135 |
1 | 3809 | 0.130 |
4 | 118328 | 0.125 |
2 | 12000 | 0.120 |
1 | 1000 | 0.110 |
Price($) | Vol. | No. |
---|---|---|
0.140 | 67030 | 2 |
0.145 | 4928 | 1 |
0.150 | 454554 | 3 |
0.155 | 11500 | 2 |
0.160 | 107300 | 2 |
Last trade - 15.45pm 24/07/2024 (20 minute delay) ? |
Featured News
FML (ASX) Chart |
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
Previous Video
Next Video
SPONSORED BY The Market Online