I believe there is value here.
IMO FRS is susceptible to a TO at a relatively low premium to current share price.
Just my thinking but someone like AGO could get this close to $1 - 1.20 I bet.
Fits with the consolidation story in the mid-tier iron ore space.
UMC gone, AXO gone...FRS could well be next. Cheap way to add big tonnes.
I believe there is value here.IMO FRS is susceptible to a TO at...
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
20.0¢ |
Change
-0.010(4.76%) |
Mkt cap ! $72.90M | |||
| Open | High | Low | Value | Volume |
| 21.5¢ | 21.5¢ | 19.5¢ | $190.8K | 939.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 65622 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.5¢ | 48508 | 1 |
View Market Depth
| Last trade - 16.10pm 11/09/2025 (20 minute delay) ? |
| FRS (ASX) Chart |