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This week's Primary Bid offer is Frontera Resources - Woof Woof I'm out

By Tom Winnifrith | Saturday 10 February 2018


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Frontera Resources (FRR) is a dog with fleas but it is aggressively ramped and promoted. And it has just announced a £2.5 million fully underwritten open offer at 0.466p via Primary Bid.  This represents a discount of approximately 17.5% to the closing mid price today.


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