Just my thoughts and maybe wrong but regarding ICI shares - say 195M shares in ICI. If they go up 1c then total value of FFG's ICI shares goes up $19.5M. FFG has just over 1B shares outstanding, so all things being equal if ICI share go up 1c the increase in value of the ICI shares per FFG share is around 0.2c. ICI has gone up 14c, FFG should go up 2.8c. So should be around 8-8.5c coming off the Sept base. Now many complications, Abelco investment valuations incl. fatberry but also others kicking goals, Payslowslow a big unknown and I see 2 new businesses added to website recently but all quiet on the ESPL/Rightbridge front and then what was priced in at the base?
Just my thoughts and maybe wrong but regarding ICI shares - say...
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Last
1.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $15.47M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.2¢ | 1.1¢ | $59.19K | 5.380M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 35 | 7406783 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 867511 | 1 |
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| Last trade - 16.10pm 26/06/2024 (20 minute delay) ? |
| FFG (ASX) Chart |