LNR 0.00% 0.5¢ lanthanein resources ltd

bell potter took 18.5percent of fnt, page-3

  1. 7,117 Posts.
    I doubt it mate,

    185% of a company is far too large a position to take for a 'trade' ie get the best price as you put it, there must be serious long term value for them to take so much

    So I would say Bell Potter = Vote of confidence in FNT,

    In any event, given how spec FNT is what do you reckon Bell Potter were expecting as a profit? 100% 200% 300%

    If you do your research you'll see that Bell Potter always find extremely undervalued assets,

    Take a look at MTN, Bell Potter were one of the few brokers that supported them back at 65c, others questioned value of the deposit at Mt Gee,

    Sound familiar? Kodu
 
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