I dont think there would be many (if any) shareholders that are in a profit, so i cant see them getting too many takers for this. Im happy to hold the parcel i have and see what happens, but i wont be buying anymore. There are hardly any buyers, so you wont be able to sell any shares you buy for more than 8c. Its been 5 months since FWL announced a delay in the signing of the funding agreement. If the two companies cant raise $12 million in that time, what hope do they have of raising hundreds of millions of dollars next year when its time to begin construction.
I wonder what Brett will do for further funds if they dont raise much from this share purchase plan?
LCG Price at posting:
7.2¢ Sentiment: Hold Disclosure: Held