FML 3.33% 14.5¢ focus minerals ltd

why is it trading above the 2 cent issue price, page-6

  1. 5,052 Posts.
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    i reckon it's a bit of manipulation by the insiders to drive up the sp, then a BIG ramp in the media just after the issue date and a big dump in the ensuing frenzy. look for a peak about then, and RUN FOR YOUR LIVES...
    i'm so confident i'm actually going to do what i foreswore and take up my entitlement, tho i don't expect that will eventuate either.
    does anyone know what the % of shares we were supposed to be allowed?
 
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