FDL are worth about 1% of FMG at present not 10%
FDL mkt cap fully diluted is $224m (1.4b x 16c)
FMG have a mkt cap of $23billion (2.9b x $$8)
Hope that has cleared your concerns
Cheers
FDL
flinders diamonds limited
for people trying to value this stock, page-98
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