Hi guys just realised something,
As a result of the full placement FNT have
$6m cash, so I'd say their funded for the next 2yrs of drilling
135m Shares
85m Options expiring Nov which if exercised = $17m more cash
Whats amazing is that Bell Potter just took 25m shares with 25m options,
That means Bell Potter hold minimum 18.5% of the company, thats very very interesting,
Why would Bell Potter take such a big stake in FNT?
Something must be up, Brokers don't do this often.
Reminds me of Pato's starting to support YML at 20c and we all know how that gone so far
bell potter took 18.5percent of fnt
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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 |
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| Last trade - 16.12pm 05/07/2024 (20 minute delay) ? |
| LNR (ASX) Chart |
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