FRX 0.00% 2.1¢ flexiroam limited

Ann: Investor Presentation - October 2019, page-22

  1. 919 Posts.
    lightbulb Created with Sketch. 272
    Just over 3m traded according to Commsec.

    They traded from 0.002 at open upto 0.013 and finished up at 0.008.

    The weird thing was that someone bought shares at 0.04 & 0.03 during this period? Not many shares, but why on earth you would pay a premium to not receive an option is beyond me

    One would assume these rights will all be taken up, so I'm curious to know why FRX saw fit to partially underwrite and raise the minimum to the full amount?
 
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