I topped up some more A4n today as Orica has to be very close to coming through which gets the ball rolling for many further things. Not sure if it was switching today out of a4n and into fyi but the EV/ market cap divergence is getting well closed now between the two.
Fully diluted MC A4N $395m where it is now $285m for FYI.
However A4n just did a big raising and has $50m cash on hand where as FYI only has $9m so ev between both is now only back to around $69m. I'd be shocked also if FYI don't use this strength to do a further capital raising and strengthen their balance sheet.
FYI is your life boat, page-14
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Last
79.5¢ |
Change
-0.005(0.63%) |
Mkt cap ! $938.8M | |||
| Open | High | Low | Value | Volume |
| 82.0¢ | 83.0¢ | 79.3¢ | $1.503M | 1.835M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 11883 | 79.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 80.0¢ | 95015 | 17 |
View Market Depth
| Last trade - 11.44am 20/08/2024 (20 minute delay) ? |
| A4N (ASX) Chart |