Suspended due to potential take over offer.
I think that owners (CEO and CFO) would not accept anything less than $22.50 per share as many risks of the company have been removed over the past 6 months due to the progress of Moolarben and NCIG.
Also FLX secured a $400m loan from CBA.
It will be interesting to see who the bidder is.
I think that it could be a Chinese firm or BHP (though I have been skeptical on BHP in the past due to RIO focus)
If it is BHP I seen no problems with the FIRB allowing the takeover but if it is China I think that there may be a few hurdles.
Either way I am very happy as I made a substantial investment in this company as sub $6.50.
Good luck to all
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Last
17.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $35.78M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 42655 | 17.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
18.0¢ | 230926 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 42655 | 0.175 |
1 | 14634 | 0.170 |
2 | 38534 | 0.165 |
1 | 13960 | 0.150 |
1 | 5000 | 0.100 |
Price($) | Vol. | No. |
---|---|---|
0.180 | 230926 | 3 |
0.205 | 2914 | 1 |
0.230 | 15000 | 1 |
0.000 | 0 | 0 |
0.000 | 0 | 0 |
Last trade - 16.12pm 08/08/2024 (20 minute delay) ? |
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