Forum Archive Index - October 2000
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[sharechat] FLC saga...
More to come IMHO:
1) Lots of disgruntled FFS holders now. What will happen when they receive
their voting forms? Will shareholders, including people like Xylem and
Citic give them the big "No"? I certainly will be giving it a big vivid
stroke.
2) Citic - who's got egg on its face for playing hardball now!!
3) Will someone who was told to go back to the drawing board when offering
$1.10-$1.20 per FFS share (when FLC wanted $1.50 - who know's where that
figure comes from??) come in and make a raid on the now ridiculously cheap
company?
4) FLC leaks. The professionalism shown by FLC and its advisers in
relation to this whole transaction has to be brought in to question. What
with the KH debacle one would have thought that FLC would have learnt.
Quite frankly the whole thing stinks!!!
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