RE:RE: still a whopping majority after capital increaseExactly "for now" and that is why we shareholder should make it clear that we are not willed to give away another 5% of value to Fortescue for what is pocket change to them. Why would I trust Fortescue ? They so far got 19.7 % (almost 25% ) for 0.15 / 0.18 cents/ share. In the meantime, it looks like they suppress the share price to make this look like a big deal and they will continue to keep it exactly where they want it. Look what happened the last time they didn't get what they wanted....they tried to just get rid of those who told them NO - Thank you.
So you really think they pay us a fair value once we indeed add a couple of more pounds of copper?
Keep also in mind,while they only hold a 25% stake after this placement....if they make any cheap offer to Candente's management/board in the future and they are willed to consent to that offer, their combined votes would easily bring them over the 51% votes they would probably need. And as we know, , what might be a good deal for management/insiders etc. doesn't necessarily mean a good deal at all for long term shareholders.
It just doesn't sit right with me, that beside all the talk from Joanne Freeze about the many non-disclosure agreement they signed and parties interested in financing, the only option we now get presented is giving Fortescue an even stronger hand in any furture sale negotiations?
Just my 2 cents and I am still going to vote NO!