I agree and understand your frustration. It must have been because it was such a small placement. It would have been oversubscribed anyway but does explain the blatant pushing down of the price before placement.
If you have a look at the company who took the whole placement is a brokerage firm who then gave parcels to all it's sophistiicated investors.
However with out a doubt it's wrong but does happend. I think we have seen the end of the sell off may be another week and then you will see a huge up lift in share prcie with out a doubt. $3.00 you watch how quick it will get there.
cheers to all patient frustrated holders of Fox
FXR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
