I don't think that it Todd buying shares on market. To me it does not make sense at all. Why Todd would buy few/several millions shares to lift the SP from sub 8c to close to 10c given that the will need to fully subscribe the upcoming CR. Its good for Todd doing nothing and let the SP fall so that the can get their entitlement shares as cheap as possible.
Todd would help possibly lift the SP only if the FMS market capital or their wealth in FMS have any bearings in any pottential deals related to FMS, e.g. securing any bank loan etc. If its true then its all good for us little SHs.
Time will tell. IMHO ONLY. DYOR.
regards, Akamal.
I don't think that it Todd buying shares on market. To me it...
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Last
77.0¢ |
Change
-0.035(4.35%) |
Mkt cap ! $153.8M | |||
| Open | High | Low | Value | Volume |
| 80.0¢ | 80.0¢ | 76.5¢ | $4.101K | 5.275K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 788 | 81.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 86.5¢ | 7128 | 1 |
View Market Depth
| Last trade - 12.14pm 29/07/2024 (20 minute delay) ? |
| RHK (ASX) Chart |