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

FDM

Click for more information

0.00%

1.1¢ freedom oil and gas ltd

Who's got the most to lose if they fail...... hint as to who...

First 6 Last

Share
Profile

Follow
skygypsy

236 Posts.

33

08/08/19

13:02

Post #: 39923147
Share

Originally posted by DADS55: ↑

But aren't they limited in what they can raise by a share offering? At the AGM a resolution was passed to increase the number of shares to be offered by 10%. Not sure what the base number is.....15%? 20%? So say 30% of 1.1 billion shares = 330 million shares @ 0.01 = $3.3 mil. This has never made sense on its own. Capital has always had to come from some other avenue

Expand

Who's got the most to lose if they fail...... hint as to who might prop it all up to make it work.

FDM Price at posting: 1.1¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 16 more messages in this thread...

First 6 Last

Add FDM (ASX) to my watchlist