FRG is still well above issue price. People who brought on prospectus would be looking pretty good (more than doubled). Those who brought at the top, not..
And a deal still to get to the table there presumably for the perf shares to get issued...though likely new not the crown one! Would anyone doubt that nick curtis will find a deal from somewhere to support a $35m capital raising. I certainly don't. So FRG will be a vehicle for that, with NC having a large stake (per all those lynas posts)
ERD should be judged on its own merits, but if it peforms as strongly as FRG has since listing....I will be happy
FRG Price at posting:
53.5¢ Sentiment: Buy Disclosure: Held
