FML 0.00% 15.5¢ focus minerals ltd

Ann: Funding Secured for Coolgardie Operations, page-12

  1. 74 Posts.
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    I have had a quick look through the ASX listing rules and all I could find on voluntary delisting is 17.11 below.
    so it would seem to imply approval on a case by case basis. However I seem to remember that when SD took their original holding in FML they were limited to less than 50% under FIRB ruling at the time but that seems to have gone by the board after the CR. I guess we will just have to wait and see how this unfolds. I still don’t understand from a risk/ reward standpoint why any shareholder would be a seller at these levels.

    https://hotcopper.com.au/data/attachments/4989/4989296-6affe1aba1932a6f0099ca2a514cf5cb.jpg

 
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