FEO 0.00% 6.9¢ feore limited

Ann: SALE OF TOPONE STAR INVESTMENTS LIMITED , page-2

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  1. 377 Posts.
    Anyone follow this company? Seems to me, if this deal goes through (scheduled completion in March) they are offering to buy back their shares at 8 cents compared to the last sale price of 5.6.

    The $42m cash they will have after completing the deal and redeeming the convertible bond will buy back all the shares (529m) at 8cps.
    --
    My advise is free and worth every cent
 
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