Hi all,
I have received my entitlement offer via post and paid straightaway for full offer. I did not participate in the last time @5.5c but happy to participate this time @7c due to the recent developments.
I have read tthrough the entitlement offer booklet throughly and feel like company tried their best to Highlight all the risks associated with participating in the R/I and feel like best tried to discourage people.
One off the highlighted risk is bothering me though: mentioned about potential chance of de-listing it from ASX and loosing the liquidity for SHs to sell on market. Being 55% holder of FMS, can Todd alone make such decisions at any time? Does anyone have any thoughts/views on this specific issue? If they can, to me it will be the biggest issue/threat/tree shaking for us small SHs. Can anyone with some corporate law knowledge put some thougts on this please?
Regards Akamal
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