Basically agree KW.
Although by converting the loan, this will dilute Stone's holding, maybe to less than 10%. But the chances of FML getting all or the remaining shares must be close to nil.
A deal needs to be made, or let the offer lapse. I agree that they are better going after a secured loan payment, than having a minor shareholding.
Basically agree KW.Although by converting the loan, this will...
Add FML (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
13.5¢ |
Change
0.010(8.00%) |
Mkt cap ! $38.68M | |||
| Open | High | Low | Value | Volume |
| 13.3¢ | 13.5¢ | 13.0¢ | $1.169K | 8.898K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 222192 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 67030 | 2 |
View Market Depth
| Last trade - 15.57pm 29/07/2024 (20 minute delay) ? |
| FML (ASX) Chart |