cre takeover maybe, page-13

interesting cre shares ramped up to bring them on the market(rather than accept the offer) at the same time fml shares are being rundown.
If it's not mr market its mr manipulator wanting his 1 for 1.
I'm picking fml have got their convertible notes.
(why i no longer hold CRE)
that makes 53% plus 8.9 from DB plus converted notes 18%
gives them 80% basically NOW.
Let the chinese try and squeeze a quick profit.
publically listed for $40m i believe to invest in situations?

this may be a loss situation unless part of a bigger play.
All fml have to do is do a CRE fundraising via share issuance from selected existing shareholders after settling existing acceptances to flush the interloapers out if they have limited resources,while running up CRE exploration expenses to make it look even less profitable than it is.

Narurally FML will only have to say unfortunately as it can't consolidate cre,the best option would be for all CRE shareholders to accellerate exploration AFTER RAISING SAY $10m via a placement,which they could probably place with themselves.

OOPS that would give them 90% control wouldn't it.

Great when you control the board and can do such things as arms length placements at the weighted value.

of course-given the right timing -such interloapers might not want to wait 6 months or a year for their money back.