Gold medal
I was up in the middle of the night reading some posts and I got a chuckle out of one ..that the rights turned out to be a disaster... Contreras.....The rights were a great success for Fronterra who initiated the rights offering...looks like they got exactly what they wanted...If the wanted the shareholders to share in difusing the risk of this well ..they simply had to have our share price say in the $1.80 range or more and every shareholder would have converted. They were nice enough to let us buy under that1.63 but how many shareholders bought ..our Cfo sells here position and the sky is falling. Let's take Mr Durkee ...do you think Fec started negotiations with him last week...no...these negotiations have probably been going on for weeks if not months...Im not sure if Fec decided on his options strike price or Mr Durkee negotiated that price himself but what what I Am Sure of is that His announcement was made on Oct 26 and the closing price of oyl on Oct 25 was miraculously $1.36..his strike price. Tralisa selling her shares Premeditated Share price kept under $1.63 Premeditated Granting of options and price being manipulated down to 1.36 Premeditated...If manipulation was an olympic sport these guys would be fighting for the Gold....