Thanks to the previous ann and the SP reaction due to the most awesome picture of a Handshake - they get to raise at higher SP levels than a month ago.
Happy daze for the directors, who once again get to supp on Grange and Lobby for another month. Maybe some caviar and Krug, just to mix it up ?
Still not sure how they are going to stump up the 15% deposit for their new "agreement". They cant use 3B's as that is needed for "working capital".
15% of $176m is approx $26.4m.
Raise a 3B for that at current prices, that's about 3 BILLION shares to be issued !
Until then, IMO the Director will want you to keep the faith, stay loyal and have positive energy !
Just a thought - do you reckon CSR got into this agreement thinking Fairstar will go under, and be able to take the whole lot for a song ? Interesting angle, that one... IMO, of course.
FAS Price at posting:
0.8¢ Sentiment: ST Sell Disclosure: Not Held
