Australia's largest stock trading and investment forum Australia's #1 stock forum

FFX

Click for more information

0.00%

20.0¢ firefinch limited

Ann: Heavily Oversubscribed Share Purchase Plan Raises Over $9.8m, page-19

First 19 Last

Share
Profile

Follow
Recruiter10

5,138 Posts.

788

23/10/20

12:28

Post #: 48333383
Share

Originally posted by JasmineTea: ↑

"I expect there will be quite a few new holders from the soph/insto raise that will take all or part of short term profits when they get their allocation in Tranche 2, potentially stifling price rises for a while. (Hopefully I'm wrong)"

Nope that will likely be many. Great to see a capital raise succeed for MLL.

Extra shares in my opinion will see people look to profit quickly. Economy is doing badly + all those investors posting here they were using their credit cards..... that is not in my view a long term source of funds.

Looking forward to selling more. So please carry on with the excessive positivity. Love the echo chamber here.

Expand

economy doing badly ?
You don't live in Perth mate, we are booming & to be honest (this sounds snobbish, so sorry), there are many who are doing it tough, however I doubt many are stock traders & investors.

Last edited by Recruiter10: 23/10/20

MLL Price at posting: 20.0¢ Sentiment: Buy Disclosure: Held
5 Upvote

0 Great analysis

Reply

Top Stories

TLG

Talga expands Prospectus Offer to $9M, banks $18.5M overall since end of financial year

HYT

Twiggy Forrest to acquire 40% of native hydrogen explorer – not long after putting Fortescue Future Industries to sleep

I88

Infini rolls on with soil sampling at Portland Creek not long after making possible 'uranium history'

EBR

EBR reaches review milestone for wireless cardiac pacing device

EMR

Emerald expands underground resource by 105Koz at Cambodian gold mine Okvau

There are more pages in this discussion • 36 more messages in this thread...

First 19 Last

Add FFX (ASX) to my watchlist