FMS 0.43% $1.17 flinders mines limited

Loan, page-2

  1. 411 Posts.
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    This comment is probably more relevant under this thread. 100% agree with you Jake, the loan is a new low.



    In the end it comes down to 1 question that those Independent Directors need to answer, that is. Please explain to me (a shareholder) the benefits of FMS going into $30m debt with no capacity to repay, for the sole reason of buying back some pieces of paper that are not costing the company anything to leave on a Register ?

    If any FMS Director can answer me that question in a coherent and meaningful way I am all ears. In fact why not stand up at the upcoming meeting in front of all shareholders and back up your decisions and do a Q&A session. If not, the exit door is usually stage left.

 
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