Post by
toriddog on Aug 11, 2013 9:58am
Gain Control
The arrangement that FCU/AMW have is related to drilling activities and the cost of drilling. This has nothing all all to do with PLS claims or ownership. Either AMW or FCU could sell their share of PLS without the other going along but I doubt any purchaser of the PLS deposit would buy only one of them.
The brokers seem to be much more interested in FCU stock for some reason. This makes it far more liquid if they decided to make an exit. AMW has very low volumes and this will affect investors not in for the long haul . Anyone who shares my view of the eventual sucess of drilling out the find, need not worry.
They seems to be working well togeter regardless of some to bullborad comments. FCU could have a similiar share structure to AMW by doing a share consolidation of 1 for 10 like ESO/AMW did. Then their trade volumes would drop as well.
Both of these stocks have been very rewarding to investors and there is nothing negative in my opinion that real matters in their relationship. Enjoy the good times.
Comment by
Chattyc on Aug 11, 2013 10:39am
FCU goes first, then AMW. If/when an offer arrives for FCU, it will be reflected in AMWs share price, forthwith. Count on that. The fact that AMW is not participating in the heavy trading should set a lightbulb off.
Comment by
youngkid on Aug 11, 2013 5:20pm
There could be many reasons they maw is trading at a discount to fcu, my guess is that it is mainly due to the lack of liquidity. For big players, short or long term minded, liquidity plays a factor. And who knows, we might also only see one of these companies acquired initially as foreign companies have a cap on ownership %