FAS fairstar resources limited

annual report – highlights! , page-9

  1. 5,760 Posts.
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    Well,

    effective end of play today the issue price for the 150m shares will stand at 16.3

    if we have a week of the share price at .018 or below- .0144

    if it plays out like it is about to, the issue will come in October IMO at around the .012-.014

    if there is typical end of day manipulation to the lower pip for a few days running, that will be a sign, as this pip is currently a 6% difference in the issue price. Watch for 5 days of this- then IMO the shares will come.

    if this is a single buyer- it will be a reasonably bullish signal, if alloted to several, there may be a big sell-off.

 
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