FMS 0.43% $1.17 flinders mines limited

Friends of FMSU Part 2, page-9

  1. 2,047 Posts.
    lightbulb Created with Sketch. 99

    Is  everyone aware:

    Tio is not participating in buyback but is borrowing the money from subsidiary. Later it will have  a rights issue which it will be participating in to pay back the loan.

    Got it…. 70%plus got it.

    On appearance the current action is about being able to raise capital with CR so it’s better to delist and have a rights issue.  I see got it. sure.

     

    Happy to be corrected


 
watchlist Created with Sketch. Add FMS (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.