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Also, you didn't answer my question, did you participate in the...

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japanfresh

627 Posts.

146

23/08/18

22:17

Post #: 35141372
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Originally posted by brendankok ↑

I am guessing from the trails of things that happened. They probably planning to do a CR middle of last years and discussed these with some of the top 20 shareholders. Perhaps, some of the top shareholders (previous directors who resigned) do not intend to participate. As a result, they were dumping in the market (all the way to 3.7cents). Larry Gan (the current director) and Jeff probably took them off the market. This can be validated if we get to know who are the top 20, I bet there were many off market transactions that are not reported, especially those that does not involves the board hence no disclosure is needed.

I am not sure about your position @japanfresh, if they do a CR at the 4 cents, I am not sure if all the shareholders may pick it up, if not then the benefit will go to brokers' retail clients (who may not be long term). I am glad that a private placement took place, at least the register is tightly held.

If the results continue to improve, I am sure in no time this will shoot up given that most holders wouldn't let go until it is back to 20cents.

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Also, you didn't answer my question, did you participate in the CR?

FRX Price at posting: 6.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 0.7¢		Change 0.000(0.00%)		Mkt cap ! $9.468M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
7	1077000	0.6¢

Sellers (Offers)

Price($)	Vol.	No.
0.8¢	546734	2

View Market Depth

No.	Vol.	Price($)
1	249993	0.014
4	334000	0.013
2	900000	0.010
1	120000	0.008
0	0	0.000

Price($)	Vol.	No.
0.015	518941	2
0.016	200000	1
0.019	39999	1
0.021	80000	1
0.028	1155438	1

Last trade - 16.12pm 22/11/2024 (20 minute delay)

FRX (ASX) Chart

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