FAS 0.00% 0.4¢ fairstar resources limited

$1.00 price target, page-108

  1. 232 Posts.
    Hey Snookerque,

    You may be correct, it's just on page 3 they have
    60m to issue under 7.1 & only 683k under 7.1A. Either way it's not a lot of cash so hopefully we don't have to resort to that.

    With a quick look 7.1 allows a company to issue up to 15% of it's share base in a 12 month period.
    7.1A is an amendment that allows companies with a market cap less than $300m outside asx 300 to issue a further 10% of the share base in a 12 month period.

    cheers
 
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