FDL flinders diamonds limited

rights issue

  1. 2,475 Posts.
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    no one will take up the rights if its trading below $0.10.

    Bells did a job propping this up to get the capital raisng away, if there are all these buyers where are they?

    We have the ASX200 back over 5600 and FDL hasnt moved.

    $100m plus market cap is expensive for something that hasnt been drilled.

    buyer beware on this one guys.
 
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Currently unlisted public company.

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