Antree, it won't move well until this deal is done. It will stay as an arbitrage situation to encourage CRE holders to take up the offer. Why buy FML when you can get CRE which would then become more FML than you could get for the same money now?
Ultimately as decent as the grades were they were only over very short intercepts at varying depths. It is a great sign, but is ultimately very preliminary work. We were expecting this news a long time ago so I would not be surprised to see some really, really good results just before the offer closes.
Antree, it won't move well until this deal is done. It will stay...
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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 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| FML (ASX) Chart |