Sharpshooter - appreciate your posts/thoughts regarding FML; you will however have seen I am slighting more bullish than you, hence the position/buy disclosures.
Regarding your comment on FML's position post gaining complete control over CRE via it's takeover, I think it's important to note that FML ownd >75% of CRE's issued shares. It therefore has absolute control over the board, mgmt and operations of CRE.
Stone Mining is a minority shareholder in every regard, and has no influence over FML's board or mgmt deceisions concerning CRE (unless ASIC deems FML is acting in a way that materially disadvantages Stone's economic interest in CRE).
So to say FML are nothing but a large shareholder of CRE, really is not true.
glittering prospects - smh 13/11 - fml 17 cent, page-91
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FML (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
13.8¢ |
Change
0.003(1.85%) |
Mkt cap ! $39.40M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 13.8¢ | 13.5¢ | $2.074K | 15.35K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 21133 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 67030 | 2 |
View Market Depth
| Last trade - 15.46pm 25/07/2024 (20 minute delay) ? |
| FML (ASX) Chart |