Old one but I like it
"Dog of the Week: Flinders Mines (ASX: FMS)
Flinders Mines (ASX: FMS) dropped from 30c to 25c this week after the Russian consortium that were looking to take them over had their application rejected in the Federal Court. Flinders has a swag of iron ore ground in the Pilbara region and, according to the company, the Russians weren’t the only ones looking at its data room. Rio Tinto, Anglo America and at least one Chinese buyer have all spent time looking over the numbers.
If Flinders have the likes of RIO & Anglo still sniffing around still, then maybe they won’t be in the kennel for much longer - keep your eyes out for another bid!"
BTW , I'm still holding , been in a long time , and always intended to stay to the end
Bill
http://www.seismicresearch.com.au/research/company-in-focus/25-flinders-mines.html
woof woof
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Mkt cap ! $163.8M | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 42 | 80.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 81.0¢ | 8877 | 1 |
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