Hi Reiner,
Seem to remember that the takeover documentation banged on about how FML would be re-rated once the takeover was complete - no mention of awaiting September quarter results, which will be a normal quarterly re-rating.
Nothing in Stone's actions to date that signals they are benevolent towards FML, so think a hostile rather than even a neutral assumption is fair.
Concur that we all want to see performance updates from FML and CRE because at the moment they are the only potential positives for the SP.
With the gold price going the way it is, we need FML to have its hand up in the air, and frankly I don't see that it has.
May have to disagree with each other on how the takeover re-rating is going.
cheers, kentwang
Hi Reiner,Seem to remember that the takeover documentation...
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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 |
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| FML (ASX) Chart |