The only reason I can see for this interest and offer extension is that it is the final warning for CRE shareholders (including Stone) that unless Focus receives its 90% acceptance target then CRE is heading for delisting.
Factually, unless Stone takes up the offer, there is no way that Focus can get to 90% (based on Recyug's number crunching in a separate post today).
Come the delisting, there will be no wriggle room for CRE shareholders to start bleating.
Not happy with the delay, but guess the FML Board is covering all bases.
FML Price at posting:
6.9¢ Sentiment: ST Buy Disclosure: Held
