Bigdreams, According to the notice FAS will use the money to retire debt. Last time I looked all debt repayment was overdue. As per the June quarter report loans totalled $7.5M at the interest rate on these loans you could probably add another $2.5M bringing the loans to $10M! by the time they recieve the money I would imagine loans and operating costs would bring a debt close to $13M.
Nothing left for the future if debt is retired.
FAS Price at posting:
0.4¢ Sentiment: Sell Disclosure: Not Held
