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13,188 Posts.
2688
19/09/08
16:58
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Kirstenl
I would prefer a script offer - look at the difference:
• Cash offer of $4 ps
• Script offer of 1.42 UMC : 1 FMG
• + for both cash and script - spin-off of bauxite with a 3 UMC : 1 Bauxite in-specie distribution.
Lol...we only just got rid of the FMS loyals, just wait for the abuse I get from FMG holders.
Reasons for script:
a) Could take 3 months and by that time FMG could have doubled in price.
b) Cash means we don't have any control over CGT.
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