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Allan Grey dumped 54m shares at 14.5c average and it was all...

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  1. malmanu
    13,386 Posts.
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    09/04/16
    16:24
    Post #: 17463628
    Allan Grey dumped 54m shares at 14.5c average and it was all sparked by the Nab asking FUN to raise additional capital. This to me indicates they will be cash flow negative this half and even next half year. Basically liabilities imo will exceed assets this half year so basically shareholder value is zero. I'd only buy some to trade due to the risks but as an investment I'd get out on any price rise .
    FUN Price at posting: 1.6¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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