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7.41% 87.0¢ red hawk mining limited

re: Ann: FMS Scheme Implementation Agreement ... "Because these...

  1. jcoulter
    1,135 Posts.
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    02/07/12
    12:24
    Post #: 10381679
    re: Ann: FMS Scheme Implementation Agreement ... "Because these vested well after any takeover by MMK was expected to occur, they may have never vested in this case, although I don't know the workings here, if anyone can illuminate this a bit for us, would be appreciated."

    As I understand it, when the offer was first made, Flinders negotiated an agreement that MMK would retain the FMS board on the payroll for 1 year after the takeover to ensure that they got their free shares.
    FMS Price at posting: 12.7¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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