FML 0.00% 14.0¢ focus minerals ltd

ann: fml to raise 227.5 mill via placement, page-95

  1. 87,128 Posts.
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    "With so much cash soon to be on hand, our Market Cap. had better start to increase before the whole new entity is taken over by another big player."


    that is one of the big points - with a solid holding sitting in the corner with a long term view (as opposed to a short term profit objective) --------- a takeover by a big player is out of the question.

    1. Chinese think long term
    2. Majors are only interested in mines - not companies.
    3. Any company that actually would be interested in taking over fml (say another mid sized) - would be squashed like an ant by Shandong.

    Make no mistake about this - this is the big unseen advantage - madam is getting married to a big big guy -- and with a very powerful family - only the stupid would even attempt to lay a finger on her.

    have a great day

    Pinto

 
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