FAS 0.00% 0.4¢ fairstar resources limited

time for an up day?, page-38

  1. 5,758 Posts.
    lightbulb Created with Sketch. 809
    I agree that it won't come before the GM.

    Trading patterns certainly aren't suggesting funding is 'imminent'

    I am still confused by resolution 2 - issue to a cornerstone investor. If UG is right and it MUST be a loan then what is this issue for? Surely either resolution 1 OR resolution 2 is enough?

    I wonder if the price will remain suppressed until the meeting, then the issue will be in the 2.1-2.2 cent range, raising $3m.

    You would think this would help debt but that is cleared by the alliance deal.

    Wait and see I guess
 
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