Easier if TIO buys FMS outright since there is nearly -$79m worth of retained earnings there. No need for WA pollies to throw voter lollies at them as well unless they want to subsidize TIO for making a fair and reasonable offer for the remaining FMS shares.
Someone needs to drive the WA Upper House to reject the State Agreement until Todd, through TIO, have clear title of PIOP or FMS. Take-over offer or merger with BBIG.
We could discuss what FMS should be doing in the mean time as a counter move in case the State Agreement does get through but we have already discussed MIN and WFE so that's old hat.
Interesting article as it has plenty of things that could be discussed and debated but we can't let the spies get hold of it...
