RRP 0.00% 8.5¢ realm resources limited

Ann: Supplementary Bidder's Statement, page-49

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  1. 933 Posts.
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    read some of the comments here, basically Taurus gave a whole bunch of money to RRP to purchase a mine which was illegal as it never gained approval so ASX delisted them. Ended up getting shareholder approval for it but Taurus then owned more than 80% of the company so ASX required them to do a free float.

    Ever Since Taurus has been blocking free float amd listing to try and hide just how profitable this company is and not obtain a true market value for it. Current offer is 90c for share holders and if they don't acquire 90% of the total shares for a takeover then they will be appointing their own directors to the board and getting the delisting approved and will take company private

    Trying to take the company private by screwing everyone over. they only have their own interests at heart.

    I wouldnt have an issue if they wanted to buy us out as long as the price is fair and reasonable. Hell i would take something that maybe was under a fair market price but the current offer of 90c a share is a rip off.

    currently waiting on the independent valuation to come out to determine a price


    of course this is only my opinion of whats happening
    Last edited by Van88: 22/03/18
 
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Currently unlisted public company.

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