FFF 9.09% 1.0¢ forbidden foods limited

re: Ann: CAPITAL RAISING TRANSACTION DOCUMENT... Hi asf.Great...

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  1. 10,543 Posts.
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    re: Ann: CAPITAL RAISING TRANSACTION DOCUMENT... Hi asf.Great news once the deal is done.I have been going over the numbers this morning.ACE current pricing after issue is 2.6c average price(depending on 1:1 rights issue take up).The original deal was 3.2c.So in saying if you purchase at todays price your average is 1.2c(1.4+1=2.4c/2).So even at 2c purchase your average is 1.5c after rights issue.
    I have always viewed the debt that Tony Wales holds with FFF as a positive because he is willing to put his money where his mouth is.He also has the resources way beyond in my view.
    Do you think people are asleep at the wheel this morning?
 
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