thorburn please go back to FMS ASX announcments 21st Dec 2009 and have a quick read and it will help you understand what the board of FMS is trying to do.
You are correct on one point. $1.5 million does go out but we (shareholders of FMS) do not get $10m. That money is Flinder Exploration money which will pay David Tucker's wages plus all the board and any other hanger-ons that they accumulate.
The 20c a share is expensive if you compare it to FMS at 13.5 or there about as of this morning.
thorburn please go back to FMS ASX announcments 21st Dec 2009...
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Last
82.0¢ |
Change
0.020(2.50%) |
Mkt cap ! $159.8M | |||
| Open | High | Low | Value | Volume |
| 81.5¢ | 82.0¢ | 81.5¢ | $1.959K | 2.403K |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8743 | 74.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 88.5¢ | 7558 | 1 |
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