FSG field solutions holdings limited

nasdaq listing ???? just wondering

  1. 5,048 Posts.
    fre have established an excellent portfolio of clients, binatone, tesco, optus, maskina inc, unwired, wcg, etc etc with more to come.

    the top 20 hold near 80% of the stock and there seems to be some manipulation to accumulate at current levels between 80c - 90c. Tesco have taken 6%. i thought they would increase their holding to 10% to protect their push into voip but we havent seen a change of holding notice. so why would tesco take what would seem to be a non-strategic 6% stake? afterall tesco are capped at $56 billion so its very small change to them and hardly worth the paper work.

    carew strikes me as the type of person who doesnt want to have a long term interest in his business projects, preferring to accelerate growth and get a significant return on his investment before moving on to new ideas.

    so fre staying on the asx doesnt suit tesco or carew because the potential of their investments will never be fully realised. that leaves a nasdaq listing as a possibility which would expose fre to international funds and thus opportunities beyond the current model.

    so we have a stagnant share price at a time when what should be considered as company making agreements have been formed and accumulation by someone and 20% own 80%. there must be method to their "madness" (????) and is it a nasdaq listing?

    if i was carew i would.



 
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