106m shares issued in Tranche 1 on the 25th. Shares trading at 2c at the time. 1.5c raise.
In the following 10 trading days the stock raise to 3.4c (70% increase)
I don't pretend to be able to predict the future. The price may indeed fall but to say fosters are getting shares therefore the price will definitely fall goes contrary to what happened in T1. I find it particularly perplexing that an FYI holder would be bitching about fosters considering they did the FYI raise at 6c 2 months ago and it sits at 20c now having hit a high of 32c.
PM1 Price at posting:
3.9¢ Sentiment: Buy Disclosure: Held