Hi xoc,
As you say A1 is a train wreck. and even their mill is too small to warrant a cheap takeover.
A1 and CRE together might be a different matter, but still a lot of capital investment required.
Just wondering if Stone will actually go through with the A1 deal - no real money put up at the moment and can probably weasel out on lack of funding (they have less than C$1 mil in the bank at last count).
A1 will of course give them an ASX company and that could be a future benefit.
Seems that A1 shareholders have given up on the whole thing and will be happy to salvage what they can.
Time will tell the tale.
Hi xoc,As you say A1 is a train wreck. and even their mill is...
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FML (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
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 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| FML (ASX) Chart |