Risk of De-listing / MBO Etc. | FLC, page-7

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vango

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20/05/25

11:27

Post #: 79113219
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Originally posted by Fletch024: ↑

I think it's capped at 10.0 Million isn't it? Resolution 3 to be put forward at the AGM? Has director support so will go through without DB and NO votes. I think it certainly positions them well for an MBO but there is also a huge upside just from an increase in SP. The constant selling down is a concern as the issuing price will be very low. I have accepted I don't know WTF is happening but there seems to be an incentive for this to happen at lower prices. I am almost guaranteed that my average will not be recovered which ever way they go.

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It was capped at $US15 but the last 4C showed the loan facility as $US21,070M with the amount drawn as $20,439M, leaving only $1,126M available.

Last quarter cash receipts were just under $US20M which left us a little below break even. So basically if receipts for any quarter are less than $20M it eats into our remaining cash of $US8.5M.

FLC Price at posting: 3.6¢ Sentiment: Sell Disclosure: Not Held
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(20min delay)
Last 3.6¢		Change 0.000(0.00%)		Mkt cap ! $37.83M

Open	High	Low	Value	Volume
3.6¢	3.6¢	3.5¢	$8.098K	230.8K

Buyers (Bids)

No.	Vol.	Price($)
2	77046	3.5¢

Sellers (Offers)

Price($)	Vol.	No.
3.6¢	99411	3

View Market Depth

No.	Vol.	Price($)
2	79097	0.035
2	650000	0.034
2	215500	0.033
2	75000	0.031
6	231539	0.030

Price($)	Vol.	No.
0.036	86704	2
0.037	44221	2
0.039	48295	2
0.040	225000	2
0.041	16000	1

Last trade - 11.34am 16/06/2025 (20 minute delay)

FLC (ASX) Chart

Risk of De-listing / MBO Etc. | FLC, page-7

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Risk of De-listing / MBO Etc. | FLC, page-7

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