yes, FMS has to re-apply to the ASX for Delisting. It also has to provide a new Notice of Meeting to shareholders.
This revised deal still stinks, and retains all the detrimental aspects of the original proposal.
It is still coercive. It is still not in the interests of shareholders.
There has been only one shareholder who has indicated support for this delisting. ONLY ONE !
Shareholders still do not have the full information necessary to determine whether they should participate in Buyback.
Shareholders again now have the opportunity to flood the ASX and ASIC with their views as to what they think of this lousy proposal.
We should show that there are 4,279 shareholders who wish for FMS to remain listed on ASX
FMS Price at posting:
4.0¢ Sentiment: None Disclosure: Held