cre minority holder change in ownership, page-24

many many thanks to you kent

your effort is much appreciated :)

i was abit worried
why the board is taking this long to complete t/o
is stone something of substance ?
whats their bargaining chip?
whats their price?
now from reading that piece
my gut feel is...
Stone is say... probably in deep doodoo
nothing worth reading
probably ask for a ridiculous price

then i went digging as you suggested
guess what I found on asx?

SHK 15/03/2012 Half Yearly Report and Accounts
(today ann release as well - coincidence?)

net loss for HY over 3.5 mil?
and 1/2 mil left in kitty?
parent company inject 1 mil?
3 directors resigned 3 left?

oh boy this is getting interesting...
and shk company structure is... nothing much there?


perhaps this is why fml board seems uninterested
and nothing much to report to us
looks like the board has moved on as well
with CRE production ramping up
I'll let the board finish this off in due time


sorry me going back to me cave
have better things to do
MOVED ON!

thank you again for the pointers

*** PLS DYOR

good luck to all