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travted2000

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31/01/17

17:25

Post #: 22260326
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Originally posted by Amused observer ↑

Not sure we have a 31st February so probably Monday 6th March at the earliest but then that is 5 days before the WA elections so it might be even after that and Monday 13th March or sometime after if they do put an offer on the table.

That period of early to Mid March will be busy as it brings together some important events.
1. TIO can put a fresh offer on the table for FMS on or after 1st March if they choose.
2. WA elections occur on the Saturday 11th and relates to another party of interest to FMS, being BBIG.
3. FMS Strategy Review for PIOP should be complete and near release on about 16th March.

Mid-march should see some interesting results come out and between now and then it will be traded on by many and speculated on by many more as to what will happen. Don't expect the FMS share price to do much other than oscillate around the 8 cent mark in the meantime. Unless an agitator enters the market to stir up the FMS holdings balance but that's unlikely.

My view for now is not much will come out from the company until mid-late March at the earliest whilst Todd has told TIO to stay put and their mouth shut (that would be Young telling Woolley and Warburton at FMS and also Young telling Curtis at BBIG). Unless an agitator appears to stir up the political landscape in the run up to the WA elections about the State Agreement and TIO's overt interest in using FMS as the sacrificial lamb for its own BBIG intentions but that's unlikely or a highly credited and capability investigative journalist takes a sudden interest in FMS's plight and fight with TIO but, again, that's unlikely.

In about 7 weeks from now we will all know what transpired.

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A/O, NO FEAR, NO FAVOR.

FMS Price at posting: 7.7¢ Sentiment: Buy Disclosure: Held
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A/O, NO FEAR, NO FAVOR.

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