5 Million Order, page-8

My understanding is that nearly ALL of the TOP 19 have increased their shareholdings in FMS in the last few months. My understanding is also that TIO is precluded from buying more due to their laughable Last and Final offer of 2.5c per share.

The $5m loan facility with a subsidiary of TIO announced 6/11/17 is noted in the 2017 FMS Annual Report as being "at commercial arms-length terms and will be non-dilutive to shareholders"

We must be vigilant and ensure that these terms will in fact be “non-dilutive to shareholders”.