This is calculated.
The insiders would now presume where the SP will go and the placement will be taken up.
Just in the T20 after off loading some 3 weeks back , the only way to play this , is turn FAR into a LT play and buy up the placement.
"The allottees in respect of Resolution 1 are not, as yet, identifiable, but will likely
be sophisticated and professional investors identified by the Company and
Hartleys Limited as the broker to the issue. The allottees will not be related
parties of the Company"
Dont believe that , you would never risk your company going into 500 million CR with out asking questions and getting a feel who would take it up! Come on!! Wake up! This will be taken up by old boys club , and i hate to think at what price.
capital structure, page-10
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Last
48.5¢ |
Change
-0.010(2.02%) |
Mkt cap ! $44.81M | |||
| Open | High | Low | Value | Volume |
| 49.5¢ | 49.5¢ | 48.5¢ | $34.87K | 70.84K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 27749 | 48.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.0¢ | 10897 | 2 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| FAR (ASX) Chart |