FML 0.00% 18.5¢ focus minerals ltd

Hi Reiner,Think that Fitnfam is probably the best placed of the...

  1. 435 Posts.
    Hi Reiner,

    Think that Fitnfam is probably the best placed of the general posters to this forum to answer your question as he has been following this matter very closely.

    He, a few others and I discussed this matter on this forum last year, and from memory the consensus of opinion was that Stone would be "fairly screwed" if CRE ever became a private company, and that they (Stone) would cut a deal with FML before such an event took place.

    As CW has pointed out other shareholders in CRE are now faced with a poisoned chalice in terms of who do they sell their shares to, and at what price?

    There is a potential downside to what is going on, and that is that Stone (or one of its big brothers) might make a play for FML (may be not straight away, but at some time in the future).

    My offering on this from a personal viewpoint only, and not from a member of the forum police.

    cheers, kentwang
 
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