I concur with SG 1000%.

something is lurking.

there is a band of "friendlies" working this stock - SG is correct i- that 3M cross at below market along with the earlier 5M shares is merely a warehouse techinque.

Now MF is subscribing to more flow thru in the latest PP -at above market prices.... if they had wanted to - they could have squeezed peter and repriced and peter would have gladly buckled. - but no they did not do that - hence the bigger game plan is in effect.

just add up how many shares MF will own after the PP and add to that the 8M that were parked .... i bet that you won't be far off 50% of the O/S shares in a friendly groups hands.

bye bye peter and bye bye Fnc... all for an undervalued price.

somebody better get up to speed on minority shareholder rights!!

Only chance is that Granger has something up his sleeve and can prevent the stealing of fnc....