FML 2.78% 18.5¢ focus minerals ltd

shareholders should demand firb 51% cap, page-4

  1. 2,038 Posts.
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    Which is to say that I would rather have the controlling party have the same aims as me (to make a profit) rather than set up rules to try to protect me from their conflicting aims.

    and their aims do conflict - if their aims are to secure gold, then the SP is at best irrelevant, and dividends work against them - that money could be better spent (according to them) by mining more gold.

    Actually a rising SP works against them as well, because it makes an eventual takeover more costly, should they decide to go that way.
 
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