Just to add my 2 cents to the mountain of shares discussion - and not that I am in the least bit concerned with the current number - have a look at the MSC consolidation results of late. Horrible outcome for holders there with the price now way lower post consolidation. This often happens from what I have seen. The reverse seems to happen when companies with limited stock do splits - usually results in more liquidity and higher prices.
Buy back is the best reduction strategy imo, not that I would want them to put any effort into one anytime soon. I just want them to spend their production revenue on more exploration and in the medium term - could an upgraded plant and more production be a goal? At any rate would be benefitial for the current share price if they find more gold.
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Last
15.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $42.98M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 148847 | 14.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
15.0¢ | 30000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 148847 | 0.140 |
3 | 104622 | 0.135 |
4 | 97732 | 0.130 |
3 | 35576 | 0.125 |
3 | 95333 | 0.120 |
Price($) | Vol. | No. |
---|---|---|
0.150 | 30000 | 1 |
0.155 | 12500 | 2 |
0.160 | 7300 | 1 |
0.165 | 59753 | 5 |
0.170 | 112230 | 4 |
Last trade - 16.12pm 12/07/2024 (20 minute delay) ? |
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FML (ASX) Chart |
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