I have been looking for an reason to buy back in, but no sign of that so far. Been in and out over the years, sold over 1 million shares at 29.5 cents after reading of the elusive better offer that never eventuated and finally realizing there was never going to be a better offer…
I have a few questions that somebody here may be able to answer based on their view of what is going on
What choices does FMS have now?
(a) Capital raising, how many shares would they need to sell, how much per share could they expect to obtain considering the share price is around 3 cents now, and how LONG would the Capital raising take and how MUCH would it cost to do. Anybody remember the spin off the Diamond part of the company fiasco a few years ago to concentrate on Iron Ore and how much that cost shareholders?
(b) Buyout, but who would be interested, given the very high cost of establishing a mine, Railway, Port facilities?
(c) Joint Venture, same as above
(d) Any body, any body? Reminds me of a movie called Ferris Bueller’s Day off
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- too little too late?
too little too late?
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Last
70.0¢ |
Change
0.005(0.72%) |
Mkt cap ! $139.8M |
Open | High | Low | Value | Volume |
70.0¢ | 70.0¢ | 70.0¢ | $8.494K | 12.13K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 461 | 69.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
73.5¢ | 7160 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 461 | 0.695 |
1 | 7722 | 0.655 |
1 | 2000 | 0.650 |
1 | 10000 | 0.630 |
1 | 32258 | 0.620 |
Price($) | Vol. | No. |
---|---|---|
0.735 | 7160 | 2 |
0.740 | 1 | 1 |
0.745 | 1 | 1 |
0.750 | 1 | 1 |
0.755 | 2 | 1 |
Last trade - 10.32am 01/11/2024 (20 minute delay) ? |
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RHK (ASX) Chart |