FML 3.57% 13.5¢ focus minerals ltd

cre takeover maybe, page-14

  1. 12,607 Posts.
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    I have a better scenario:

    announce on 15 August:

    sorry we only got 88% - so deal is off - pay back our loans, you have 14 days as per contract

    watch CRE being dealt by Mr.Market

    and kindly offer 2.5 c equivalent in FML shares 9 months later, should be 5 CRE for 1 FML by then (should be a 100% premium )

    let the Chinese gamble in Macau - not in Oz
 
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