Perhaps the upcoming quarterly due in the next week will spur some more holders into selling the heads? The quarterly will no doubt be more of the same misery, high opex and declining revenue.
Must be some senior resignations on the way now surely.
Sell your heads now whilst you can I say, FRE is heading for 1c for sure and should bobble around there for some time after the 1c Rights issue completes.
tradeable rights issue asx code: frer, page-2
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