Hi all,
just a little bit more takes it to 80% and i believe that enables some tax advantages to holders of CRE who accepted the offer.
Beyond that,i'm sure the boys at FMl have plans to maximisie the value of their $13m(max) cash investment and shareholders 20% dilution as a result.
As CW has said,the pawns have been cleared from the chess board,now its down to those few pieces left.For those who have played with only one piece with three others on the board,you know how it ends.
So,it might take a new board and the issue of a few more performance rights to directors to make it happen.
CRE is just a cheap by-line to growth at FML tenements in the interim.
DYOR+DYODD
what are we waiting for?, page-4
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