FDL flinders diamonds limited

re: mcneils sell ..just a quick guesstimate here..sambora ...but...

  1. 563 Posts.
    re: mcneils sell ..just a quick guesstimate here..sambora ...but I think Mcneils helped finance fdl with a ?930k placement @ 1.5c a share(?) =61.5ml shares..sell off @ around 2.5c.. I'd say they will still have around 15ml which will leave them with approx 24/25ml shares for a free run.. imo, when news of FDLs sampling comes out these will become insignificant as they will be gobbled up fast..so my estimate is that they will cease sell-off when they only hold around 25ml......As an aside, I've noticed that the oppies always seem to have a wall of 9-10ml on the sell side all within 2-3 points of the days trade movements..significance..lol..????
 
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