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$1.17 flinders mines limited

great work @cosmicz. let's keep them honest and be proactive!

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Sydney_Professional

19 Posts.

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14/12/18

18:16

Post #: 36864901
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Originally posted by cosmicz ↑

just sent this to ASX ASIC media Just doing my BIT even though prob useless i just want them to get something from a commoner... i cant undersand no liquidity...delisting totally RUBBISH??

Please investigate the dealings with BBI Todd Corportion and Flinders as a matter or urgency.

How is this possible that two companies can enter to delist FMS that is highly unfavourable and questionable totally detrimental to minority shareholders as to how Directors in common could possibly creating market panic and losses by ASX news reporting of highly questionable activity. I believe BBI and FMS are out to destroy minority sharholders with BBI directing FMS on how to suceed in Delisting. All information must be disclosed as to how this is now possible.

The Director seem do not represent minority shareholders but both companies have directors in common, dealings between the two companies, to detriment of minority shareholders. is this insider trading?

FMS management seem to crossover some directors in i believe with BBI — Todd corporation therfore a huge conflict of interest and BBI should not be allowed to de list FMS due to FMS not independantly conducting business as managemet in favour of represent minority sharholders. They seem to be totally controlled by BBI as puppets represending FMS.

This was published in the news.
BBI Group extends deadline on $6b Pilbara port and rail project Peter Williams
The West Australian Tuesday, 11 December 2018 10:27

BBI is reporting news to the public but FMS announced it even though BBI is a separate company entity and dealings i believe are conflicting of interest not acting independent behaving as FMS and BBI are one organisation as per the directors on board represetation in public media.

It was stated BBIG had also advised Flinders that following drilling, its Hay Stack Flats tenements were unlikely to have sufficient tonnage to justify a standalone development.
The asset had previously been estimated to contain 400mt. Minority Shareholders were not advised that this tenement was official reported by FMS yet BBIG advised FMS to report it under BBI news anouncment in the press

i believe this shows the nature of business as directors in common. Flinders said the “highly conditional” contracts had been entered with several Chinese companies.

FMS does not have highly conditional clients but BBI to receive funding do. So Why would FMS report this in the news. I believe this is director in common which could amount to insider trading as stated by FMS reporting on BBI activities.

I would highly suggest the relationship between BBI Todd corp and FMS be investigated as a matter of urgency.

I would suggest voting rights are highly compromised and unethical due to Board of Management relationship with both companies.

I would like to see BBI Todd Corporation stopped from Voting to delist FMS on the ASX until a full inquiry has taken place due to conflict of interest with the Board of Directors. It seems BBI are calling the shot for FMS .

Best regards

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great work @cosmicz. let's keep them honest and be proactive!

FMS Price at posting: 3.5¢ Sentiment: Hold Disclosure: Held
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