Price Slide on Delist Announcement, page-13

Let’s put this into perspective, why FMS is borrowing $27m from Todd for this project if it’s delisted seems ridiculous. The unmarketable parcel will only cost $288k and give Todd another 0.009% ( say 1%) with the rights issue. They buy back price will secure them another 1-2% at best with a crazy VWAP price probably around 3c. so they will get , let’s say another 2% via the share rights issue on the buy back. End result, an unlisted company with hostile minor shareholders still holding around 42%.
This is only my opinion !