We shareholders need to very carefully re-read that latest announcement.
Read between the lines.
FMS is telling us how this process will be handled, and IMHO, they are indicating just what the conclusion will be.
And we all know what that is, because we all have been hammering this expected outcome for the last year or more.
The big difference now, is that FMS has actually announced the start of the process in which that end game will be reached.
What they are now doing is establishing the basis (ie board renewal, "consideration of infrastrucure options", consultants, IER, voting proceedures etc) to achieve the outcome they expect.
They have to do that, because of our minority shareholder successes, and because of the authorities' eyes carefully watching proceedings.
The SP should be going Up not down - because FMS minorities are in a way, way better position now than FMS has been in the last 10yrs imho.
We now will actually have a pathway to PIOP development.
All we need to do now, is to make certain that FMS board deliver the type of deal that we expect.
A deal will value FMS far more highly than where we are currently, imho.
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Last
86.0¢ |
Change
0.040(4.88%) |
Mkt cap ! $171.8M |
Open | High | Low | Value | Volume |
82.0¢ | 86.0¢ | 80.0¢ | $3.413K | 4.159K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 655 | 76.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
86.0¢ | 47991 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 655 | 0.765 |
1 | 5000 | 0.670 |
1 | 20000 | 0.660 |
1 | 10000 | 0.650 |
1 | 31250 | 0.640 |
Price($) | Vol. | No. |
---|---|---|
0.860 | 47991 | 2 |
0.870 | 6412 | 1 |
0.880 | 10000 | 1 |
0.885 | 3999 | 1 |
0.890 | 9868 | 2 |
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