The founders hold an absolute majority of shares, and both Simon and Matt hold a blocking stake individually should they have a falling out. They previously rejected offers that valued the business over $1.40.
I don't think there is any possibility of a takeover any time soon.
I personally see this as a huge positive, as I think this business has the potential to grow to many multiples its current size, and want to hold for that growth, not be forced out and watch somebody else book the gains.
FLN Takeover, page-2
-
- There are more pages in this discussion • 57 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 FLN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
21.0¢ |
Change
0.015(7.69%) |
Mkt cap ! $94.69M | |||
| Open | High | Low | Value | Volume |
| 21.0¢ | 22.0¢ | 20.5¢ | $46.59K | 221.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 28940 | 21.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.0¢ | 35927 | 4 |
View Market Depth
| Last trade - 12.15pm 23/07/2024 (20 minute delay) ? |
| FLN (ASX) Chart |