LCG
Click for more information
0.00% 6.0¢ living cities development group limited

Hello!!! Anyone here? Why would TFA spend $2m to subscribe 111m...

  1. micky78
    2,689 Posts.
    lightbulb Created with Sketch. 39
    clock Created with Sketch.
    03/07/14
    19:25
    Post #: 13608561
    Hello!!! Anyone here?

    Why would TFA spend $2m to subscribe 111m FWL shares while the entire FWL mc is $1.7m? Wouldn't it cheaper to buy the rest of shares TFA does not already own?
    LCG Price at posting: 0.8¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Share Purchase Plan by robotic technology company now complete
right-arrow Created with Sketch.
NEWS MTM and Indium form strategic collaboration for recovering Gallium and Germanium
right-arrow Created with Sketch.
NEWS High grade drill results discovered at CODA North
right-arrow Created with Sketch.
NEWS Experienced CEO appointed to Indiana Resources
right-arrow Created with Sketch.
MKG Encouraging results for Raiden as Pegmatite extensions confirmed
right-arrow Created with Sketch.
NEWS Significant milestone reached in Zimbabwe's oil and gas exploration industry as Invictus Energy moves closer to execution
right-arrow Created with Sketch.
watchlist Created with Sketch. Add LCG (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.