FML 4.00% 12.0¢ focus minerals ltd

Ann: Response to ASX Price Query, page-14

  1. 5,948 Posts.
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    Going private and the Independent appraiser will say the standard "not fair but reasonable" to the offer.

    The sp was as high as 40 c a few years ago. I bought years ago and average is 49 cents now 21 cents.

    The situation may be one of "be careful for what you wish".

    If it is a duster, going private might be off the cards. On the other hand if it looks awesome - that might be the trigger to go private. Perversely we may be better served by a result more ordinary than spectacular.
 
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