FRE Last Price: 3c
FRER last price: 0.7c (which =FRE1.7c after exercise)
Custodial are the key players here.
They took 17million shares at an avg of......wait for it.....
.....1.3cps - that's right 1.3 cents per share.
Plus they get the 1 for 1 rights to buy another 17mill at 1c ($170K) plus any shortfall.
AVG PRICE FOR MINIMUM 34MILLION SHARES - 1.15cps
Last price 3cps = approx300% profit as of today
Bidding 2cps = 200% profit
Cheers,
The Sparkler
tradeable rights issue asx code: frer, page-3
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Last
2.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $15.46M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 422856 | 2.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.3¢ | 218146 | 1 |
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