i will be voting 'yes', page-38

JC

All I am saying is that someone has made an offer for FMS. It might be a low ball offer but it may not be a stupid offer. Now read on.....

By treating the offer seriously then FMS management have put the company on the market. And subject to shareholder vote will accept 30 cents.

If management had ignored the offer then they could be in lots of trouble with lots of shareholders. Shareholders do get the last say at an GM.

Meanwhile, I repeat, if the offer is way too low then expect a higher offer. Market forces.

I am not saying the offer is good. But also I do understand that it is difficult to value with so many unknowns, eg access to market. Ernst & Young are very unambiguous with a valuation of 15 cents to 28 cents. Fair and reasonable!

Would like a higher offer.

Pat