Hi Recyug,Think we have both worked out that with the number of...

Hi Recyug,

Think we have both worked out that with the number of CRE shares still outstanding, Stone could well achieve a blocking stake after FML converts the notes and options provided it springs enough shares from non committed institutional holders.

At the moment FML remains in the drivers seat as it knows who has all the uncommitted shares and can do some sweet talking.

It is also possible that Stone will accept the FML offer seeing that Stone has to all intents wrapped up AAM, keeping it out of FML's reach.

If Stone wants a bigger stake in CRE, then of course the bunfight is on and this matter will drag on for yonks.

Think we just have to hope that FML Board knows what it is doing, so no matter what the outcome, FML comes out in front.

cheers, kentwang