FML 2.86% 18.0¢ focus minerals ltd

ann: final extension , page-30

  1. 2,038 Posts.
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    CRE does a rights issue.

    FML takes up their rights maintaining their % holding and injecting X million into CRE

    stone does not take up their holding, gets compulsary cleaned up as FML owns >90% of the company

    FML get CRE and the cash that CRE is holding. i.e their money back.
 
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