FNT 5.00% 1.9¢ frontier resources limited

So I wonder why one would invest $6m at 1.6c in a company that...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 5,698 Posts.
    lightbulb Created with Sketch. 82
    So I wonder why one would invest $6m at 1.6c in a company that at the time had a MC of less than $2m. And why PM would accept shares for debt repayment.

    Food for thought.
 
watchlist Created with Sketch. Add FNT (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.