Herb...
You raise some good points most of which I agree with...but just a couple of comments.
1. Perhaps it is premature but maybe FMG should take the "poisin Pill" to protect from a take over?
2. Can a company sit on material information indefinately...without disclosure to its shareholders?....based on your example..I guess they can? Where are the regulators?
3. Don't know what Jim is working on but wouldn't it be interesting to get a second major involved with FMG...ie without selling the farm...the way CGE did?