FML will not be interested at all.They have already got bogged down buying up CRE where a chinese outfit called Stone are stubbornly hanging on to a small percentage of the company causing a bit of a stalemate.Many of FML shareholders have become disgruntled with this,citing it as one of the reasons why the share price is not reflecting the company fundamentals,and getting involved in another takeover at this time would be bordering on suicidal incompetence.Personally I think the assets of CRE were a steal at the price paid,but taking on another takeover so close to CRE is not warranted and could not be justified with their present commitments.
AZX Price at posting:
22.5¢ Sentiment: None Disclosure: Not Held
