RE:Nothing has changed significantlynizza wrote: It will make a difference when it comes to a sale.
The current vote has only secured the financing.
This involved an increase in Fortescue's shares, but they do not have a blocking minority, so nothing
has changed significantly.
Deciding on a takeover bid would be something else.
I would expect maximum participation.
I think the small shareholders have completely forgotten about this stock. They feel it is not worth their time or they may have completely forgotten they own 5-15 cent stock that hasn't done anything for 15 years.
I fear the next vote will be no different. I hope Guilio Bonafacio will market the stock to 2$ but even he may be happy for a quick double from 15 cents fine he has options and zillions of insider shares.
He too may feel it is not worth his time to get a fair price. The company DNT is just not on anyones radar except F, which is happy keeping things just the way they are.
F simply has a lot of shares now.
Disappointing.