FMS
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0.43% $1.17 flinders mines limited

Ann: ASX Approval to De-List, page-15

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  1. Akki
    27,439 Posts.
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    24/12/18
    15:20
    Post #: 36953301
    You really need a major shareholders onboard to stop the delisting imo.

    Otherwise you can ride the wave as private entity but it's a bit of a coin flip.

    Need the finances at hand to match any move for capital otherwise they'll just wash it out imo

    What's the bet if it turns private they move straight ahead and raise $500M/$1B+ ?
    Last edited by Akki: 24/12/18
    FMS Price at posting: 4.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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