This is a hypothetical thought.....Hypothetically speaking,
Let’s say for argument sake, Simmers and Jack at 48% ownership of FIU
And subsequently gets an additional 16% of the shares that Gold Wheaton
Could own, is it possible that FIU could be delisted from the TSX and that
Simmers has total control of the company?
What happens to the remaining shares if that was to happen? Simmers is listed
On the South African exchange and the shares are not traded in Canada (at least
not through my broker BMO). So how would you access the shares and I guess
that being said, Simmers could do what they want with FIU’s share price.
Is that possible, as I said this is all hypothetically so don’t bother jumping up
And down my back, it’s simply a question.