FML
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3.57% 13.5¢ focus minerals ltd

takeover situation, page-2

  1. Coff
    421 Posts.
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    10/08/11
    15:32
    Post #: 8803661
    Basically agree KW.

    Although by converting the loan, this will dilute Stone's holding, maybe to less than 10%. But the chances of FML getting all or the remaining shares must be close to nil.

    A deal needs to be made, or let the offer lapse. I agree that they are better going after a secured loan payment, than having a minor shareholding.
    FML Price at posting: 6.3¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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