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
I doubt it mate,185% of a company is far too large a position to...
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.774M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.4¢ | $4.021K | 1.077M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 54 | 62873347 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 5949256 | 6 |
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| Last trade - 14.43pm 26/07/2024 (20 minute delay) ? |
| LNR (ASX) Chart |