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0.00% 2.2¢ field solutions holdings limited

tradeable rights issue asx code: frer, page-6

  1. The Sparkler
    1,857 Posts.
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    22/04/09
    16:44
    Post #: 5040589
    ...and sold into. Easy $18K for the seller.

    Effectively values the purchaser's 2million position (ie when exercised) at 1.9c per share.

    Last price 2c.

    Not much on the bid on the rights now.

    4 trading days to go until the FRER's expire worthless (if one doesn't exercise that is).

    Cheers,
    The Sparkler




    FSG Price at posting: 2.3¢ Sentiment: None Disclosure: Not Held
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