GVF are already working in the background and have been for some time. They have the votes to call an EGM but I don't think they have the support of the wider shareholder base hence why this wasn't done. If there was an EGM, I'd definitely vote with them.
Its a bit disappointing that FPC delayed their schedule, it was also disappointing that they will do an equal access buyback vs a full conversion like some of the other funds that have converted to date. Feels like a grab for management fees.
GVF are already working in the background and have been for some...
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Last
93.0¢ |
Change
-0.010(1.06%) |
Mkt cap ! $26.77M | |||
| Open | High | Low | Value | Volume |
| 93.0¢ | 93.0¢ | 93.0¢ | $12.73K | 13.69K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 23115 | 91.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 93.0¢ | 4036 | 1 |
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| FPC (ASX) Chart |