Seeing the price of MHM go up it has a smell of a corprate play in the making,perhaps to sever the last remnant of FR.It is a weakness to have FRs large shareholding on the register because it needs to be dealt with by some large buyer like possibly a supplier of capital or a facilitator of capital or an institution which this respected management would be very capable of speaking to.It would make the share price go forward in leaps,but if left it is a stockoverhang that worries investors and potential investors.
It seems from other posters that the current management has plenty of ammunition to negotiate with and there must be an exit price to get FR off the register,one that would allow him to pay back his debts to MHM,give him a little money in his pocket but a fairly tough negotiation that would allow a new entrant to see plenty of blue sky in their investment and allow them to help MHM going forward.
Iam sure the current management have no interest in allowing FR to benefit from his failings and their effort and diligence
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Last
36.0¢ |
Change
-0.005(1.37%) |
Mkt cap ! $150.7M |
Open | High | Low | Value | Volume |
35.0¢ | 36.0¢ | 34.0¢ | $92.27K | 261.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 34883 | 35.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
36.0¢ | 4355 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 34883 | 0.355 |
1 | 2941 | 0.340 |
1 | 1000 | 0.335 |
1 | 25000 | 0.330 |
1 | 10000 | 0.325 |
Price($) | Vol. | No. |
---|---|---|
0.360 | 4355 | 1 |
0.365 | 70000 | 2 |
0.370 | 173229 | 4 |
0.385 | 30000 | 1 |
0.390 | 65332 | 3 |
Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
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VYS (ASX) Chart |