CRE 0.00% 5.4¢ crescent gold limited

fml after cre for free-better offer to come?, page-2

  1. 12,605 Posts.
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    fitnfam

    not sure anyone else can "muscle" in on that deal:

    FML already holds 20%+ - and that's before the loans get converted into shares!

    That alone will prevent a "compulsory" 90% deal from anyone else - may be a different story for a TO of the new entity (but who would go there?)

    Besides - not many other companies with that much information on CRE activities (thanks to CB)

    and looking at buying for "tax losses" - smaller fish with lots more losses out there that be cheaper to buy (like one of your other posts).

    Again - in this scenario works for FML but not sure any other company would use that as a primary reason to TO another one.
 
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