Hi Diatribe. THe CR currently sits at 4.5 so the SP is far below. may change but will remain to be seen. Last couple of CR have sold out. Shortfall taken up by brokers and sophisticated investors. Heaps on. next 12 months will launch a lot of exploration. We are all hoping to see the pre GFC SP come back which was 42c. but we had around 800M shares in those days. with the consolidation and current CR (if fully subscribed) we will be sitting around 100M. Small cap with big asset IMO. Anyway good luck, see you at the top.
cheers
Dog
FNT Price at posting:
2.5¢ Sentiment: Hold Disclosure: Held