'The strategy invoked 6 months ago is out of date'.
This may be the case JS.
There have been significant close to mill discoveries, the Gold price has elevated and new economy measures.
To be fair to Shareholders, arguments for the NO case should be developed by the Board and presented as a balanced exercise to aid contingency planning just in case the no vote gets up. Afterall the Qly could rock the vote either way...
We long termers do concern ourselvelves with thoughts of a takeover. It would be difficult to see how that may play out with so many shares on the register. Would it end up doubling the share price.
I think that if a takeover was attempted after more significant discoveries were announced the share price at aquistion would be in significantly higher...Juju
FML Price at posting:
3.8¢ Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)