FGL 0.00% 2.3¢ frugl group limited

Ann: Change of Auditor, page-9

  1. 12,568 Posts.
    lightbulb Created with Sketch. 1788
    Yes goarmy - it is absolutely essential that a price sensitive announcement is forthcoming prior to the closure of the CR.

    The offer they have made is the only option left on the table.

    If they make a placement after the closure date to a sophisticated investor/s and then make a price sensitive announcement.......... then the existing shareholders will have been shafted.

    After what the existing shareholders have suffered, I am sure they would not even contemplate such a course of action.
 
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