RE:RE:RE:RE:RE:Fairly simple next steps… Umm... you are the one suggesting FEC invest a significant amount of money. I have made no such assertion. You suggested FEC buyout CGX at $1 per share, I countered that at $1 it would be a gross overpay, at $0.40 which is a huge premium to todays close, the same deal could get done. (Probably even lower than that).
In your final statement you take an alternative approach saying FEC should monitize their CGX shares for capital, which completely contradicts your original statement. Selling shares on the open market probably wouldn't raise a large amount of capital though. I'd guess they would be lucky to average 0.20 a share if they divested 10% of their holdings raising about $5,000,000. This lower share price is not an indictment on CGX, it is what happens when a large amount of shares become available on the open market increasing the float.