FDL flinders diamonds limited

fmg or bhp or rio, page-11

  1. 17,232 Posts.
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    Only 10 mill shares at say 10c.....thats only $1 mill

    Wouldn't be worth the effort...

    i think (hope) it will be more like 100 mill shares at least and $10 mill although $20 mill (200 mill shares) at 10c would be the best idea at this point


    Yes would cause some dilution possibly but 200 mill is only 15% of total shares/options

    So SP might drop back to 10.5-11c....no harm done short term

    Then again with a good anns with it and SP may actually move up.


 
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Currently unlisted public company.

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