"It's only going to cost 1.5M which will come from the 10M IPO."
Incorrect. They have stated that they will provide $1.5m from their own (our) funds to keep them operational until the float in exchange for 20 per cent of the new venture.
"Shareholders have to weigh up whether to invest in the IPO or put those funds into more FMS shares."
Incorrect. They don't have to do either.
iron ore investors conference - thurs in syd, page-29
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Last
77.5¢ |
Change
0.025(3.33%) |
Mkt cap ! $154.8M | |||
| Open | High | Low | Value | Volume |
| 77.5¢ | 83.0¢ | 77.5¢ | $3.885K | 4.886K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 132 | 77.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 82.5¢ | 4000 | 1 |
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| Last trade - 12.47pm 14/11/2024 (20 minute delay) ? |
| RHK (ASX) Chart |