Fraser & Neave (F & N)

[CityFarmer]

Old friends, New Towkay and New Ideas... however the trading pattern is starting to get stale for a "legally cornered" stock at least until 18 Jul 13.

Once again, after seeping afternoon tea, the bottle cap comes popping off again at the close - $8.65 and marching towards the Towkay's average costs of $9.26 before daily financing charges that is accumulating.

1H results was reported on 11 May 2012 last year - can shareholders look forward to a return of hard cash from APB for this coming set of interims?

I oso wish

GG

IMO, the cash return should be declared before placement if any. The placement pricing might not necessary close to Towkay's cost price of $9.26 (ex cash return if declared)

Let's see the progress...