FAS fairstar resources limited
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111m shares placement

  1. rumbai12
    327 Posts.
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    06/06/13
    18:45
    Post #: 11857518
    It is now Thursday and FAS have not announced who the below market placement went to. Amazing that those 111M shares are now worth 1.9M but cost only $600K. Under ASX rules it must be disclosed within 3 trading days. I hope it was not a related party or a consultant. This would constitute Insider Trading. We now that it was not the funder. So maybe a substantial holder or one of FAS's consultants. Was it Classic???
    FAS Price at posting: 1.7¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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