FNT 5.00% 1.9¢ frontier resources limited

Ann: Change in substantial holding, page-5

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  1. 1,866 Posts.
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    Interesting. I spoke to Peter at the time of the small parcel buy back and he informed me that he didnt want the shares at that time. They had a broker in play who wouldnt offer enough so Peter bought them to give the SH a better deal. The fact that They are buying up more now on the eve of the buy in tells me that something good is in the mist. If they didnt want any more shares then why buy up more now? Although 1.3 is a great dilution price I think there is more happening here. Nothing that I can find out.

    Cheers

    GD
 
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