.33/share - warning! Hey guys, so I'm dissapointed to say the least, but I thought I would just add my thoughts and a general warning to you guys
1) If the asset sale is approved I will be selling tommrow: Remember FIU's NR, if the asset sale is approved, the companies status on the tsx is reviewed and they may be delisted, meaning shareholders would have to go through South Africa regulations to claim their pro forma proceeds and/or escrow fund. Sorry but I am not taking the chance of dealing with corrupt B.S.
2) You guys decided to forget the simple fact that these guys are crooks - .33/share? Best case scenario is FIU does not get delisted, we get pro forma proceeds of some fluctuating number which management rationalizes by saying the american dollar lost value or some B.S. that is illogical, and then we sit and wait until december to find out if we get any remaning money.
It's to late to do anything about the asset sale now its over tommorow, but as one shareholder to another, I will be in all likelyhood selling tommorow depending on what the outcome of the vote is.
If the asset sale is approved tommrow this will be my parting post, I appreciated the efforts of this board, I took a loss, and I will take 0.20+ tommorow instead of risking 0 - I do not trust SA, if you do...keep your shares and hope FIU does not get delisted.