WARNING MAJOR SHAREOLDER PRICE ISSUES WEAK HANDS??FNR has been a long time major share holder and owners of both EPL and FNR families are friends. But DEEP VERY DEEP Concern. FNR appears to have Cash? Financial Issues? Instead of doing a financing, which any size they might not been able to complete they announced a rgihts issue and the shares have sunk to 2.5/3 cents and LIQUIDITY is a REAL QUESTION.
FNR use to post their holdings they stopped How much do they really own of EPL? HAve they sold? or if they need CASH, like any other company, they sell whatever is Liquid?
Not good to have a major share holder, that is if FNR still has shares or as large as they were, to have a weak price and Financial/Cash need???
Perhaps EPL can answer the FNR stock position now??? Tim what is FNR's current holdings in EPL?
Go to FNR's price?
All the above in my humble opinion and based on FNR's trading, holdings? financial mkts