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clock Created with Sketch. 06/02/17
19:52
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Originally posted by Amused observer
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It is highly unlikely there will be a takeover offer FMS by any other party, the last takeover was TIO and it was launched in March 2016 as an unconditional off-market offer soon after a small private placement to OCJ was done and with some on-market purchases it pushed OCJ holding to 19.93% from a previous 14.91%. This possibly triggered TIO to make the offer as it diluted their 19.91% to 18.41%. The placement by FMS Directors at the time must have p1ssed TIO off and felt it threatened their RTA (BBIG) plans as they promptly put the offer on the table soon after and subsequently sought to eject the current Directors, besides Kennedy.
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AO, your comment "but really do it offline of HotCopper thanks, we don't wanna know" is interesting. Are you saying you speak for HotCopper now? Who is "we"?.
(20min delay)