Chris Brown, BMO analyst rated Falcon a Buy with a price target of $1.35 and we are now at 18 cents or a fraction of his prediction. Tell me why on earth would anyone want to give this guy the time of day let alone get an update from him. He has gone into hiatus from embarrassment. All the other analysts have continually said to stay away, I guess they were right.
I doubt even think Falcon management know if enough money for Falcon Austrialia will be raised for the pre IPO. But I would bet it is NOT going the way they would like it to go.