Albaman, I got the FML share consolidation idea from this research report- bottom of p.14:
http://www.focusminerals.com.au/wp-content/uploads/2012/12/fml3dec2012.pdf
"At some stage, FML ideally needs to consolidate its shares (possibly on a 30 for 1)."
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May not happen, of course. MOY had it mentioned by an analyst, too. Share consolidations- or the threat thereof- can spook the market. But really, I think this share price cooling is about the results.
Albaman, I got the FML share consolidation idea from this...
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Last
14.0¢ |
Change
0.005(3.70%) |
Mkt cap ! $40.11M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 14.0¢ | 13.5¢ | $802 | 5.754K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 14865 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 19859 | 1 |
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| Last trade - 16.10pm 08/10/2024 (20 minute delay) ? |
| FML (ASX) Chart |