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FX,is 139m shares on issue a big number to you? As a penny...

  1. 3,646 Posts.
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    FX,

    is 139m shares on issue a big number to you?

    As a penny stock, 500m shares on issue is quite normal on ASX.

    New shares all issued at 7c since last year, very positive sign indicating a 20c fair value will come eventually.

    Closer to a $50m deal, only 138m shares on issue atm, plenty upside potential, if Baxter in this time, fundamental will be significantly changed, SP could be $1.00 with more milestones achieved.


    Time to sell your shares at 2.7c.
 
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