FMS 0.43% $1.17 flinders mines limited

i’m Interested to know what position this puts on OCJ, after...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,481 Posts.
    lightbulb Created with Sketch. 42
    i’m Interested to know what position this puts on OCJ, after this buyback of approx. 337mill shares, that will leave approx, 3.1 bill, now, OCJ own about 680mill, this would give OCJ a new percentage of about 21%, but useing the same figures it would increase Todd % to 62%, if  you add both, a combined % of about 83%, if you take four other largest s/h you are left with very close to 10%, this percentage or less would give Todd automatic full ownership and control if Todd can convince OCJ otherwise, it’s a long bow but it is possible, someone else can triple check as I may have made a mistake. All my own opinion for legal purposes only.
 
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.