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

FOT

0.00%

34.0¢ fortunis resources limited

Month to month figures are the big catalyst here If the June...

First 23 Last

Share
Profile

Follow
vontrader

23,919 Posts.

752

09/06/15

13:07

Post #: 15434652
Share

Originally posted by Jaded ↑

Income advice for month of May to come out around 19th June during suspension.
Anticipated Relisting with Name Change June 30th @NightWatchman. Code not yet advised.
Perhaps a new Top 20 and new Directors Holdings Notices will issue prior to 30June relisting.

I'm not sure a Qtrly to June of Cash Position will issue by end of July giving @trythree costs and revenue because Mpire was a private company to June 30 but it could or should if only as a sign of good faith/corporate governance.

Perhaps naively but I trust in John Rubino to have not got himself and mates into a dog, tech sham.
If nightwatchman is right about 80% of IPO going to a cornerstone? That's why a Top 20 release PRIOR to relisting would be interesting and informative.

June 30 relist so profit stag taking is This Fin Year not next is also "interesting" at least from a retail holder perspective.

It's all coming down for me to playing the Patterson's Pump and handling the Dump.
I think there is a element of side line sharpies who missed out on 25 cent IPO's and couldn't/wouldn't accumulate 27/34 for say 250,000# shares.
So these "sharpies" await the Patterson's curse of a what? 17/25 retrace in July?

It'll be interesting at what price there is Volume for say 200k # parcel buying
50cents? $100grand parcels?
isn't about a 100 grand$ a typical 'sophisticated' sharpie go?

Any HCers get any Patterson 25 cent IPO's?
A Confirmation that 80% went to a single entity?

Think it is a Requirement that a IPO release a Top 20 before Listing anyway but I enjoy hot Copper gossip on the threads.

Happy Trading

Expand

Month to month figures are the big catalyst here

If the June figures are impressive, then this well could attract a premium on relisting

People will say "well why didn't they just buy on market before", the answer is it wasn't a done deal

Once the funds are in, the June figures reported and they get to marketing this thing, will be very interesting to see opening price

If a large portion of the IPO was corner stoned as claimed, then I wouldn't rule out an open in the 40-50c range

FOT Price at posting: 34.0¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

WC8

Leia pegmatite pulls up recoveries of 84% lithium for Wildcat in WA

BYH

Bryah gains $408K government rebate for work on copper target Narracoota

AI stocks: What to expect in 2024-25

Talking the US election, the spectre of Trump and what's hot on the ASX200: Wealth Within

IVR

Investigator Resources hits 8m @ 1.06% copper on-site Stuart Shelf JV project acreage