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Gold/Mining/Energy : first star energy FST on the ASE -- Ignore unavailable to you. Want to Upgrade?


To: Ed Pakstas who wrote (386)5/1/1998 10:58:00 PM
From: RIK  Read Replies (2) | Respond to of 754
 
Hi Ed

Glad I don't have any FST paper ! I wonder if the new investors have been TIGHT-HOLED ? I wonder who these new investors are? FST puts 65 cents/share [minus commission], therefore 58.5 cents /share into the treasury for each share sold. How do you spell DILUTION. STRACHEN must be good enough to entice new money --- not good enough to go to the present shareholders for more. What's going to happen on Monday ?
Ed , how do you read this financing ?