Would take time for a Chinese Company to get all the approvals to bid. A cash bid is bad news for all the Directors who would be hit with a massive capital gains tax bill.
BHP Billiton are in great shape to bid stock and cash. BHP will take Felix Resources in my view.
kevi went long here @ $5.20, page-21
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Last
17.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $35.78M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 23634 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.5¢ | 2914 | 1 |
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| Last trade - 16.12pm 23/08/2024 (20 minute delay) ? |
| FLX (ASX) Chart |
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