FML 5.13% 18.5¢ focus minerals ltd

ann: fml to raise 227.5 mill via placement, page-44

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    Maybe older heads than mine can indicate whether a company that wants 51% initially is ever happy with less than 100% in the long run?

    As a group we are now minority shareholders that can be slowly squeezed out, no?

    What about instos? Generally if they stump up big bucks to buy into a company, they want some say - they wont be able to have a say in FML.
 
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