FMS was steered to it’s current point by the experts at the helm. Do we have agreeance on that?
If new shares are issued, Tio % will be diluted.
Tio want FMS and want to derisk the project by owning 90-100%.
Shareholders are ha happy to sell but the price is way to low.
Tio could make a higher price and still have a low average price but ASIC rules say we have to wait.
In my limited knowledge C Note would be a way of injecting $ into FMS.
The BSF seems to be the first thing to finish and it’s done by Wolley Parsones. Who are experts’ at it, having prepared many.
(10M shares to IG to present the BSF to the board I think was way overdone. )
Todd seems to be able to run it’s businesses around the world from NZ/ Sydney so why not take over the board of FMS and run FMS/Tio from Sydney.
The BBIG work is run from Sydney.
$ can be injected the same way Tio/Todd finance BBIG to keep the books balanced.
Really. would Todd want to pay the FMS board to have a meeting to receive a directive from the Chairman to complete the BSF have it seconded by members that are employed by the Chairman?
Todd gives me the impression they are more interested in results than in the cosmetics.
The board can move on concentrate on the remuneration and audit committees of the other Co.
Todd may come up with something different but they seem to want FMS shares.
Re Salaries, Twiggy, gets less than RK a Chairman.
Nev Power, N Curtiss(2014) got less than IG.
The moral of the story seems to be “if you want results” pay less?
GLTA
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