well - an "out side scenario" comes to mind
IF they can built a stake of >10.5 %
a: use it to leverage a higher SP ?
b: and much more murky - scuttle the deal for FML, sit back and watch CRE SP crumble and make their own offer, much lower
(need to check bidder/target statement if there is mention of period if deal falls thru' before another offer can be made) and DB would hardly play ball in that deal
as I say - out side scenarios - but what else is there?
c: built up a 4% stake in FML at the same time to then be a 5% holder in the new entity? What purpose would that serve?
fml sp - market conditions, page-9
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Last
14.0¢ |
Change
-0.010(6.67%) |
Mkt cap ! $40.11M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 14.5¢ | 14.0¢ | $4.532K | 31.91K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 263761 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 6000 | 1 |
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| Last trade - 15.59pm 15/07/2024 (20 minute delay) ? |
| FML (ASX) Chart |