I can confirm for you that the 35c has NOT BEEN PAID YET!
My father took the last offer and ran and has NOT received any PAYMENT or contact from RRP as of today.
On the real point I wanted to make is how do WE the shareholders use our LEVERAGE in this fiasco to our advantage???
Can we ask the ASX what is the lawful time that this OFFER has to be made before there is a defualt etc to the agreement/ASX LAWS that govern a complete takeover?!
Do we the shareholders need to hire a corporate Company lawyer to investigate our case??
WE ARE PROBABLY GOING TO REJECT THE OFFER so lets get the ball rolling.
Would these not be fees that would be incurred in the context of a COURT process and hence be PAYBLE BY RRP?
I am just putting a possible strategy out there to garnor some conversation and get us prepared to fight what we KNOW will be a FAIR but NOT REASONABLE OFFER and we are heading to court most likely anyway so lets BE PREPARED!
smart chemist
RRP Price at posting:
8.5¢ Sentiment: Hold Disclosure: Held