FPR 0.33% $3.02 fleetpartners group limited

Ann: Mutual Scheme Implementation Agreement Termination, page-84

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  1. 88 Posts.
    lightbulb Created with Sketch. 49
    I am finding it a bit fishy actually.. if everything was hunky-dory with ECX then clearly this is wayyyyy undervalued - which implies that the mgmt will be in no rush to go for a deal... better option would have been to let the mkt settle and release the half yearly in may and take from there..

    By paying 8 million [more than 3% of the current valuation of the company] seems excessive and extremely desperate...

    maybe there are more skeletons in the closet we dont know about yet...

    Have sold all my holdings today... will wait and watch
 
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