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.
