I think Magna is a pecfect vehicle for Forsys to capitalise on their investment on Ancash.
If they can settle out of court and merge Ancash with Magna whereby Forsys would become a major sharehold, I reckon they can get the share price above the 10c mark. And with 300-400 m Magna oppies out there, they can easily raise $30-$40 million to develop the resource. Money for jam I reckon.
See the link below to check out the background of our current enemy.
http://findarticles.com/p/articles/mi_pwwi/is_200703/ai_n18754246
Just my thought
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magna to take over ancash
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Last
2.9¢ |
Change
-0.001(3.33%) |
Mkt cap ! $18.50M |
Open | High | Low | Value | Volume |
3.0¢ | 3.0¢ | 2.9¢ | $28.23K | 950.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 1939829 | 2.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.0¢ | 368808 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 1939829 | 0.029 |
4 | 1140714 | 0.028 |
2 | 1075000 | 0.027 |
2 | 60000 | 0.025 |
2 | 400000 | 0.021 |
Price($) | Vol. | No. |
---|---|---|
0.030 | 368808 | 2 |
0.032 | 316719 | 4 |
0.033 | 481959 | 1 |
0.034 | 64000 | 2 |
0.035 | 400000 | 2 |
Last trade - 10.49am 03/07/2024 (20 minute delay) ? |
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