Macros, it's interesting if people are moving into FML right now, with the FML SP drop. Really, a CRE holder would be better off selling on market.
Still, CRE and FML both have advisors for this takeover. I'd expect FML is working out how to get the SP up, via its advisors/broker. It might need some assistance that is less than organic supply and demand. this is kind of like a capital raising- somehow, the price gets to a point where people feel value in contributing, because the price remains high (GBG is an extraordinary example of a SP flying when a CR was announced). There is just no way FML should be allowed to tumble, when it is reaching the pointy end of a takeover.
FML Price at posting:
7.1¢ Sentiment: None Disclosure: Not Held
