FML 13.8% 16.5¢ focus minerals ltd

ann: fml to raise 227.5 mill via placement, page-105

  1. 83,277 Posts.
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    "This placement has effectively killed the potential for share price appreciation

    It will be in Shandong's favour to supress the share price for as long as it takes to mop up the remaining 49%"



    rubbish

    if they wanted 100% it was there for the taking before.

    every move they have made suggests they are in for the long term and want us to run the business.

    it makes no sense to take over in 2 stages - they ain't exactly poor and from what I saw that now makes sense - there a multitude of signs that they wish to lock our people in place.

    I have no direct information on this - but I can read between the lines rather well - and it all makes sense now.

    Shandong wanting to take over fml and run the business makes as much sense as us wanting to run a business in china.

    Different people, different nation, different business culture etc. etc.

    They didn't get this far by being that stupid -------- sorry, you are completely incorrect.

    The only mopping up that will be done is more and more large lumps of gold on pit floors and perhaps a vacuum over spilt tellurides at TI - should we be so lucky.

    have a great day

    Pinto
 
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