We are all investors so we each need to consider our individual circumstances.
If you love FMS and want to be part of their future but have a personal belief that no higher offer will eventuate (and TODD will not get 90% acceptance) then you are better off selling into this offer and then buying back when the offer closes as the price is likely to drop.
I'll let this pan out for a few more weeks but if TODD end up with 50% plus prior to the offer closing then that's what I'll be doing.
They are so smart with the way they have structured the offer. Soak up as much as they can at 2.5 cents on market so then if a higher offer does come and they need to top it then the overall amount to be paid is a lot less.
FMS Price at posting:
2.5¢ Sentiment: None Disclosure: Held
