Tigger,
I forgot who I spoke to a few years ago in FML but I questioned a consolidation and the answer was the same.
"Maybe in the future, but when the timing is right".
When you have this many shares on issue it is a question that will always be asked and is always something that may happen.
I think it helps a little in respect to sharks circling and this may even be a stratagy that FML has adopteded for the time being.
I personally do not support a consolidation and beleive it or not, am not unhappy where it sits at the moment for various reasons.
Would I like to have 2 million shares at $2.00 (That $4 mil accouding when I counted me beans)when there are only a hundred thousand shares.
But I would be equally happy 57 million shares at 7 cents.
Same same for me, $ 4 biggies thank ya very much!!!!!!!!!!!!!
Tigger,I forgot who I spoke to a few years ago in FML but I...
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Last
13.5¢ |
Change
0.005(3.85%) |
Mkt cap ! $38.68M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.5¢ | 13.0¢ | $2.952K | 22.67K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 81 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 52678 | 3 |
View Market Depth
| Last trade - 15.58pm 16/08/2024 (20 minute delay) ? |
| FML (ASX) Chart |