Conditions now met for further dilution. I would be very surprised if any retail or any (genuine) instos will be interested after being continually misled and burnt. The share price now needs to appreciate over 300% to get it back to where is was when Henry took over. I guess Lauder will have to step up and help out the company? What a hero that will make him! I wonder why shares from previous raises continue to be sold at a loss with ZERO attempt to support the price further. It defies logic. Perhaps it is not further dilution that is coming but rather something more nefarious. Pretty attractive TO target with the share price at 112m USD. What a disgrace. All IMO.
FLC Price at posting:
25.5¢ Sentiment: Buy Disclosure: Held
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