Finally not feeling talking to myself in FWL forum. I think Eyeoverit probably waved white flag and surrender all his/her shares for almost nothing (eg 0.8c). I sold my shares to TFA (I think) for 10c+ (at the time TFA was buying aggressively according to announcement). I should picture frame of print out of my settlement of shares and put on my office wall.
Question still.... why would TFA spend $2m to subscribe 111m shares while they could just buy the entire company? They already own 29%. Brett's window dressing over the last few year proven one person cannot change the market. Brett's entire holding I think only worth $60K, may be he should just forget it and get as much salary as possibly can before VA.
Another poor Chinese company is Sing-Tang.
Finally, this article proven what I said over years....
BHP, RIO, FMG, Vale are ramp up productions to control market and prevent new iron ore been develop. This includes your beloved CAP. Also FMS, even AGO could be in trouble with debt and high cost.
Just IMHO, do your own research.
LCG Price at posting:
1.0¢ Sentiment: Sell Disclosure: Not Held
