@mypravda
FXL market share hasn't collapsed. I posted the figures further up. FXL has some of the largest customer bases across Australasia. These guys are frightened APT shareholders, downramping to dampen the Capital Raise.
They obviously haven't worked out yet that the FXL capital raise is WELL covered between Institutional investors, current large shareholders and retail investors. 75% is covered. FXL also has it's business arm on the block to sell, and would hazard a bet that's already in hand as might be a strategic acquisition.And they've overprovisioned for Covid related bad debt too.
They are forgetting that this is a company that ALWAYS made profits and ALWAYS had money in the bank unlike big old APT which has its hand permanently in shareholders pockets. Dilution coming up for them.
The guy Christos makes dozens and dozens of posts over on the the APT thread to protect his shareholding. He's not here to offer advice and nor is the Xman. They're here to sledge.
IGNORE is the best solution.
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@mypravdaFXL market share hasn't collapsed. I posted the figures...
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