- Joined
- 20 July 2021
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about $9
why so cruel ,
FMG went to the foreign investors and borrowed in US dollars
now the real predators love squeezing the debt of a quality company ( no fun grabbing a box of broken parts , unless you are the WES board )
freeze some funds here , renegotiate a new deal there
unless the governments ( state and Federal ) protect FMG when needed it is a big plump cash generating target but might not be big enough to chew up the predator first ( remember the predator only needs access to funds, and does not need to be a success business itself )they used to be called Corporate Raiders but the new SPAC trend looks very similar .
has been a persistent trend of inaccurate analyst reports elsewhere on take-over victims , that stellar reputation of FMG would be a shiny target as well
the question that is always asked in such situations is
will the loyal share-holders rush in and support management ( by voting and buying the cheaper shares , and any accelerated SPPs ) you can't trust the instos the bottom line is short-term profits and losses
why so cruel ,
FMG went to the foreign investors and borrowed in US dollars
now the real predators love squeezing the debt of a quality company ( no fun grabbing a box of broken parts , unless you are the WES board )
freeze some funds here , renegotiate a new deal there
unless the governments ( state and Federal ) protect FMG when needed it is a big plump cash generating target but might not be big enough to chew up the predator first ( remember the predator only needs access to funds, and does not need to be a success business itself )they used to be called Corporate Raiders but the new SPAC trend looks very similar .
has been a persistent trend of inaccurate analyst reports elsewhere on take-over victims , that stellar reputation of FMG would be a shiny target as well
the question that is always asked in such situations is
will the loyal share-holders rush in and support management ( by voting and buying the cheaper shares , and any accelerated SPPs ) you can't trust the instos the bottom line is short-term profits and losses