Flinders shareholders in revolt

FLINDERS Mines retail shareholder Brendon Dunstan is taking the iron ore hopeful to the Takeovers Panel, protesting the company’s plans for a de-listing, 10% share buy-back, rights issue and the unmarketable parcels sale process.

Flinders shareholders in revolt Flinders shareholders in revolt Flinders shareholders in revolt Flinders shareholders in revolt Flinders shareholders in revolt

Retail shareholders want the delisting vote reconsidered.

Minority shareholders own a combined 21.8% of Flinders with an average shareholding of just 0.