FML 3.57% 13.5¢ focus minerals ltd

Reiner said:"I have a better scenario:announce on 15...

  1. asf
    9,887 Posts.
    Reiner said:

    "I have a better scenario:

    announce on 15 August:

    sorry we only got 88% - so deal is off - pay back our loans, you have 14 days as per contract

    watch CRE being dealt by Mr.Market

    and kindly offer 2.5 c equivalent in FML shares 9 months later, should be 5 CRE for 1 FML by then (should be a 100% premium )

    let the Chinese gamble in Macau - not in Oz"
    ___________________

    Reiner, that would be tough for those who have accepted the offer, because I believe your CRE shares are being held in trust, unable to be sold on market? For thosse of us who are just hanging around waiting to see what might happen, it's a bit easier.
 
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