Forum Archive Index - May 2000
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Re: [sharechat] FRO "buying" at 55c
I understand that they will be raising the cash requirements via a
placement. Does anyone know which brokers are involved in the placement ?
>From: "Matthew Van Veen" <mattvanveen@hotmail.com>
>Reply-To: sharechat@sharechat.co.nz
>To: sharechat@sharechat.co.nz
>Subject: Re: [sharechat] FRO "buying" at 55c
>Date: Tue, 02 May 2000 11:30:15 GMT
>
>I cannot believe FRO holders have to wait that long before they can trade
>again. For those unwilling to hold out until July I will be willing to
>purchase your shares at 32c - 1c more than closing price before trading
>halt?????.
>
>
>>From: terry mitchell <tymitchell@techemail.com>
>>Reply-To: sharechat@sharechat.co.nz
>>To: sharechat@sharechat.co.nz
>>Subject: [sharechat] FRO "buying" at 55c
>>Date: 1 May 2000 22:35:15 -0700
>>
>>I note that even though FRO is not trading, the rush to be first in the
>>"Buy" queue is continuing. The current bid is at 55c, a 77.4% surge from
>>its pre-trading halt price of 31c. Any takers? or new bids?
>>
>>
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