Freedom talking to Oaktree doesn't give me much confidence for a decent price on this upcoming cap raise.
They would definately be Hedge Fund of last resort and will drive a very hard bargain, for themselves that is.
A certain fund that's a holder in FNP recently had a conference call with my broker. They were expecting a re-listing price of $1.50!
Sorry to dampen expectations.
AFR Article - Class Action, page-14
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13.3¢ |
Change
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Mkt cap ! $36.71M | |||
| Open | High | Low | Value | Volume |
| 13.3¢ | 13.3¢ | 13.3¢ | $2.002K | 15.11K |
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| No. | Vol. | Price($) |
|---|---|---|
| 7 | 63598 | 12.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 117803 | 4 |
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