Thats how I understood it , kinda like cleaning up the crumbs..
So i take it FNT is buying back these small parcels so they will in fact be decreasing the number of shares on offer, less dilution?
I have no idea of how many small parcels are out there but if FNT are going to this sort of trouble the number must be large enough to be a thorn in their side to administer them.
My preferred option would be to get the SP to 40c so these small parcels are now not so small and can be sold off :)
Ann: Unmarketable Parcel Program , page-5
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add LNR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $10.99M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 3689950 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 16222075 | 24 |
View Market Depth
| Last trade - 16.12pm 05/07/2024 (20 minute delay) ? |
| LNR (ASX) Chart |
Day chart unavailable