There is no doubt this company will be taken over. Every time there is a half decent rally they come up with a semi negative update. For example the watpac dispute which was already in the market on the 23 feb and now the fact that FMG will not be blending there low grade ore and the contractors will be finishing up. Iron ore is going gangbusters but me thinks the board are looking to sure up there jobs. They have circa 40 million in cash and are valued at 20 million. FMG are the likely suitors
There is no doubt this company will be taken over. Every time...
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Last
28.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $822.1M | |||
| Open | High | Low | Value | Volume |
| 29.0¢ | 29.5¢ | 28.3¢ | $478.4K | 1.656M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 84248 | 28.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.0¢ | 20000 | 1 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| BCI (ASX) Chart |