FML 3.57% 13.5¢ focus minerals ltd

cre takeover maybe, page-5

  1. 2,674 Posts.
    lightbulb Created with Sketch. 299
    If you want to buy a Gold Mining company cheap why not buy a blocking stake so that FML does not get over 90%. Do not accept any revised offer - FML walks away - CRE is worth virtually nothing and reduces to a 1 cent stock and you pick up a poorly run gold company for $12 mil.
    Sounds like a good tactic to me!


 
watchlist Created with Sketch. Add FML (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.