RNC 0.00% 36.5¢ real estate corp limited

looks like deal will happen, page-6

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    I read as 2 options for every 1 share.
    If they are 20c options and are listed they will trade around 3-4c if the shares are trading at 20c.
    2 x 3 or 4 is 6 or 8c.
 
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Currently unlisted public company.

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