Ms Edwardes, Deputy Chair and Chair of Flinders’ PIOP Infrastructure Committee, said: “I am very
pleased with the outcome of the negotiations with BBIG. I genuinely believe this is a very attractive
deal for all shareholders. This puts us in a position where we can go mining and share in the
potential upside of a major mining development.”
Mr Gurry said: “I have scrutinised this deal with a firm eye on what is in the best interests of the
minority shareholders. I believe this is a very good outcome for minorities, delivering the only
feasible and realistic opportunity to go mining within an industry standard JV structure for
introducing a larger well capitalised partner. The series of governance protocols in place to protect
Flinders and its minority shareholders also provides reassurance. I think the transaction is fair
based on the monetary value of what BBIG needs to contribute on our behalf and the fact Flinders
shareholders can see this developed without having to provide their own project funding, barring
limited circumstances.”
There goes any shed of credibility that they may have been hanging by in as far as being 'Independent' just more puppets ( albeit expensive ones) for Todd, at a guess those statements IMHO sound like they were written by a media release facilitator.
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Last
73.5¢ |
Change
-0.055(6.96%) |
Mkt cap ! $146.8M |
Open | High | Low | Value | Volume |
79.0¢ | 79.0¢ | 72.0¢ | $911 | 1.174K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 24905 | 73.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
82.0¢ | 337 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 4316 | 0.700 |
1 | 5000 | 0.670 |
1 | 15151 | 0.660 |
1 | 10000 | 0.650 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.820 | 337 | 1 |
0.835 | 29996 | 1 |
0.840 | 1496 | 2 |
0.850 | 10000 | 1 |
0.860 | 57991 | 3 |
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