FMS 0.43% $1.17 flinders mines limited

Ann: Flinders announces intention to de-list from ASX, page-28

  1. xax
    62 Posts.
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    We won't get .075c, it will be whatever they manage to get the share price average down to in the last 5 trading days before the buy-back...... so HOLD HOLD HOLD


    Buy-Back

    The Company proposes to conduct an on-market buy-back of its securities for up to 10% of its shareson issue3 at a price equal to the lower of:

    (a) a 5% premium to the 5 day volume weighted average price for the shares (VWAP)calculated over the last 5 trading days before the purchase under the Buy-Back ismade (being the maximum price permissible under ASX Listing Rule 7.33); or

    (b) $0.075 per share, representing the 30 day VWAP calculated from and including theshare price at the close of trading after market close on Wednesday, 12 December2018.

 
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Currently unlisted public company.

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