FML 0.00% 15.0¢ focus minerals ltd

slow cre takeover acceptances

  1. 435 Posts.
    At this stage it would appear that the CRE takeover has stalled despite it being on financial fundamentals what most FML shareholders would consider to be a no brainer - CRE going down the gurgler being rescued by the FML white knight.

    Having ploughed through all the CRE financials and other reports, I and the CRE auditors appear to have missed something.

    While I can appreciate that there will be some CRE shareholders who are in love with CRE for some reason, it would appear to me that there are also a lot of CRE shareholders suffering from what amounts to be battered wife syndrome.

    Can someone tell me what reticent CRE shareholders see as the magic cure?
 
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