Lairy, FGE probably has the baking of ANZ de to the Roy hill contract, but FGE has still not raised capital, and was unable to do so @ 50c, so the moving target there is more shaky than AAX, imo. On the other hand, AAX's removal from the index- whilst expected- puts pressure on the AAX share price. Still, AAX is off its lows (for now), and FGE's lows might be yet to come. At least the market knows the level of dilution and cash that AAX will have. A lot is still unknown with FGE.
On another note, the new shares from the institutional raising were expected to trade a few days ago. Anyone know if they are around yet, please?
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