Management buyout at these levels is definitely a possibility, with only about $25m of free float not held by Matt and Simon.
But if that is their thinking there is no real reason not to let the share price fall into the teens. It's not like their reputations will be different at 24c vs 15c.
The only real spark of light is the speed of price falls has slowed.
Very hard to see a rebound any time soon, and I think there are more promising investments that have been beaten down just as much.
Hopefully, something will emerge from left field for holders.
- Forums
- ASX - By Stock
- share price
Management buyout at these levels is definitely a possibility,...
-
-
- There are more pages in this discussion • 28 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FLN (ASX) to my watchlist
|
|||||
Last
18.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $81.16M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 25000 | 18.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
20.0¢ | 68815 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 25000 | 0.185 |
2 | 127521 | 0.180 |
3 | 56367 | 0.170 |
2 | 58025 | 0.165 |
1 | 2819 | 0.160 |
Price($) | Vol. | No. |
---|---|---|
0.200 | 68815 | 2 |
0.205 | 441 | 1 |
0.210 | 225432 | 6 |
0.220 | 15056 | 2 |
0.225 | 13000 | 1 |
Last trade - 16.12pm 28/06/2024 (20 minute delay) ? |
Featured News
FLN (ASX) Chart |
Day chart unavailable
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online