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Ann: FIRSTFOLIO SIGNS HEADS OF AGREEMENT TO RAISE, page-10

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  1. 2,278 Posts.
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    re: Ann: FIRSTFOLIO SIGNS HEADS OF AGREEMENT ... MJS,
    i am banking on a rise in share price on news of the investor/cornerstone investor being announced to the market.

    I strongly believe it's either a bank/non bank lender hiding behind AC & E capital.....

    It makes sense Macquarie being behind this with it's tie up with Yellow brick road trying to get market share..... I originally thought John Symonds but MQG makes more sense and if and when the investor is announced FFF is set to have a big price increase.

    Either way if it doesn't get as high as 7 cents my money is on it being a lot higher than current price after debt has been paid down.
 
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