FnF:
I couldnt believe my ears that apparently we could have got a 20% investor at better than 5c. In other words a real *investor*, not a takeover in sheeps clothing, and at a better price.
I mean, if we need 250 million, the first thing you do is light a fire under the SP and in the current environment, raising 50mil at 6 cents would have added significantly to the upward impetus the SP already had.
Then perform more raisings latter on much better terms!
There is no question that extra $$ will unlock more value quicker. That is not the issue - the issue if MORE VALUE FOR WHO?
dear mr. taig, page-39
-
- There are more pages in this discussion • 15 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FML (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
18.5¢ |
Change
0.005(2.78%) |
Mkt cap ! $53.01M | |||
| Open | High | Low | Value | Volume |
| 18.5¢ | 18.5¢ | 18.0¢ | $1.968K | 10.81K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 17316 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.5¢ | 54000 | 1 |
View Market Depth
| Last trade - 14.21pm 08/11/2024 (20 minute delay) ? |
| FML (ASX) Chart |