Reread the XPE and FGF Heuresy announcements:
FGF:
http://www.asx.com.au/asxpdf/20171127/pdf/43plxzycvqqqz7.pdf
XPE:
http://www.asx.com.au/asxpdf/20171219/pdf/43q90zt0fcq6yx.pdf
XPE entered into a binding term sheet on 22/10/17 and this announced on 19/12/17.
FGF entered into a binding term sheet on 22/11/17 and this is announced on 27/11/17.
My observations and honest questions:
1. XPE enters into its agreement 1 full month before FGF
2. XPE takes 2 months to announce compared to 5 days for FGF
3. If one compares the cash balance of XPE to FGF, then one can see XPE has always had significantly more cash.
4. Why does FGF do a JV deal and XPE only do shared revenue on joint opportunities with Heuresy?
5. Why does XPE do acquisition deals in healthcare and AI but FGF does an acquisition in IoT [CloudLumen]? Imho, it seems XPE does deals outside our area of expertise whilst FGF does a deal within XPE core area. I cannot understand it.
6. How can XPE SH's be certain the common Director and Corporate Adviser are acting in XPE SH's best interests?
Xped - Further action, page-237
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