re: Ann: SHARE PLACEMENT TO RAISE UP TO $1,00...
madmuz,
i tend to share young-trader's view, why would Martin Place Securities risk $1M on something that has been labelled a make or break for CFR?
Any chance it was a gimme from the Packers? lol
Normally these capital raisings are weighted heavily in favour of brokers but 222m shares @ .0045 would be hard to dispose of at par value from this position.
I will therefore hang my proverbials out in the wind and say we'll be getting good news soon.(wishful thinking backed by broker greed lol)
Line those diamonds up!
cheers
CFR Price at posting:
0.4¢ Sentiment: LT Buy Disclosure: Held