It is now Thursday and FAS have not announced who the below market placement went to. Amazing that those 111M shares are now worth 1.9M but cost only $600K. Under ASX rules it must be disclosed within 3 trading days. I hope it was not a related party or a consultant. This would constitute Insider Trading. We now that it was not the funder. So maybe a substantial holder or one of FAS's consultants. Was it Classic???
111m shares placement
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