FDL flinders diamonds limited

rights issue

  1. Part4A
    2,475 Posts.
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    03/04/08
    19:36
    Post #: 3544022
    no one will take up the rights if its trading below $0.10.

    Bells did a job propping this up to get the capital raisng away, if there are all these buyers where are they?

    We have the ASX200 back over 5600 and FDL hasnt moved.

    $100m plus market cap is expensive for something that hasnt been drilled.

    buyer beware on this one guys.
    FDL Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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