Sharpshooter - appreciate your posts/thoughts regarding FML; you will however have seen I am slighting more bullish than you, hence the position/buy disclosures.
Regarding your comment on FML's position post gaining complete control over CRE via it's takeover, I think it's important to note that FML ownd >75% of CRE's issued shares. It therefore has absolute control over the board, mgmt and operations of CRE.
Stone Mining is a minority shareholder in every regard, and has no influence over FML's board or mgmt deceisions concerning CRE (unless ASIC deems FML is acting in a way that materially disadvantages Stone's economic interest in CRE).
So to say FML are nothing but a large shareholder of CRE, really is not true.
glittering prospects - smh 13/11 - fml 17 cent, page-91
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Last
18.0¢ |
Change
-0.010(5.26%) |
Mkt cap ! $51.58M | |||
| Open | High | Low | Value | Volume |
| 19.0¢ | 19.0¢ | 18.0¢ | $6.706K | 36.95K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 20497 | 18.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.5¢ | 47412 | 2 |
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| Last trade - 16.10pm 07/11/2024 (20 minute delay) ? |
| FML (ASX) Chart |