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13/02/19
17:59
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Originally posted by lifes4livin
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I am trying to get my head around all of this....
* Our BOD recommend a delisting as being in the best interest of all shareholders and our sp plummets by 50%.
* IMO 99.99% of the shareholders are against the delisting.
* Shareholders take their argument to the takeover panel to argue against the delisting.
* After 5 weeks of FMS shareholders lawyers arguing with our BOD lawyers at the takeover panel the takeover panel agrees with the shareholders that the delisting isn’t fair in its current state.
* Whilst awaiting a ruling of the conditions from the takeover panel our BOD dispute the ruling from the takeover panel which states the delisting doesn’t benefit all shareholders........
* During this time we shareholders are paying for the BOD legal fees to fight against us.
Hopefully now ASIC will finally realise what us minority shareholders have been up against for all of these years and will see all of this for what it REALLY is!!!!!!
An Incredible situation.
L4L
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I'm hoping, praying, wishing ..... and expecting news that ASIC will be starting an investigation into this whole affair. Maybe our board know whats about to happen.