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Re: downsideup post# 2733

Thursday, 02/03/2011 10:06:21 PM

Thursday, February 03, 2011 10:06:21 PM

Post# of 12368
THANK YOU FOR YOUR FOOD FOR THOUGHT.

i DONT think its correct to say philex owns 65 % of fep since philex doesnt own 100% of fecof <they own 50.4%>so to do straight up addition like that doesnt seem right....thats why i originally added 39% and half of 26 to equal roughly 53%.........

but i see your point. somethings definitly brewing. I wonder if i should buy some FEP just in case fecof gets squeezed out of their shares below true value.

thanks again