FML
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8.00% 13.5¢ focus minerals ltd

ann: fml to raise 227.5 mill via placement, page-103

  1. SunburntLand
    6,439 Posts.
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    20/09/12
    14:03
    Post #: 10747575
    This placement has effectively killed the potential for share price appreciation

    It will be in Shandong's favour to supress the share price for as long as it takes to mop up the remaining 49%

    The lower the share price the better as far as they are concerned. Be prepared for a long frustrating time ahead

    Cheers
    FML Price at posting: 4.4¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 13  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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