Thx KW,
I am sure the process is rigourous as you describe. The exposure of the deal to sh is totally what one would expect given its materiality. It has a direct impact on the assessment of future cash flows once an investors views on future POG, and the companies operations.
In fact it almost takes the guesstimate of future POG out of the equation, except for worrying how much you may not get as revenue.
Where one sh has 51%, they will go through a rigourous accounting process, but the underlying BOD decision to hedge, the amount, the value and timing is arbitrary, and 51% rules.
My overarching concern is the ease of giving up control, and the sanguine.."yes, but look at the rocks, they are beautiful" responses I see.
Thx KW,I am sure the process is rigourous as you describe. The...
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14.0¢ |
Change
-0.025(15.2%) |
Mkt cap ! $40.11M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 15.0¢ | 14.0¢ | $34.69K | 242.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 132799 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 4616 | 1 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| FML (ASX) Chart |