Like your posts Nose. Might save a few people from going in blindly.
I owened AXO as well but sold before the announcement. Did ok
On the bright side it looks like FWL has more copper than some companies about. Oh Dear.
I sold FWL at 88 cents a few years ago in the IO rush. When youngtrader first spruiked it. The deal needed to be done in those days. It will never get the capital now.
Lending is way to tight.
Big dreams for Brett here and would of loved him to succeed but he just missed the boat.
The guys holding today are probably in way too deep and cant blame them for putting FWL in the drawer just in case.
LCG Price at posting:
8.6¢ Sentiment: None Disclosure: Not Held