RE:RE:Hmm. And I thought fnc was uniqueThere is a pattern to behold. The accountability factor has gone out the window. Does anybody else question the intentions of the fnc board, going back to the Fall of 2020, for example, when the Chairman of this company resigned from the board of Scozinc (now EDM) and then rejoined the same board in the space of a very short time in order to not be in conflict voting on deals?!!. The Scozinc plan was presented to Smith the night before an FNC board meeting which is incorrect protocol as I understand it. They had obviously planned to do a massive devaluation for FNC shareholders. Fact check news releases by Concerned Shareholders in 2020-2021. The FNC current team eventually managed to thwart those in opposition through highly questionable moves and here we now are with 35% devaluation due to an unnecessary and obvious defensive placement at the end of 2023. I wonder if there are any pro bono lawyers left out there. There remain questions about good governance too, i.e. double voting Chairman...wonder how many more times that archaic and unfashionable company by-law has been trotted out. My guess is no need now.
On the upside if this management can be turfed and replaced by the "right" group of movers and shakers we will all be much better off!