qgc takeover, page-11

I'm not sure of the law but I dont think QGC can do much unless they get to 90%, at which stage they can compulsorily acquire the remaining shares. They seem to be stuck at just over 80%. I believe that there could be some significant upside to holding. QGC are in an awkward position, I dont think they can increase their offer without compensating previous acceptances. If they bought on market the price would skyrocket. I strongly believe that the CSG that RPM has is very significant, very valuable and since this T/O was announced the value of the resource has only increased. However I'm also seeing CSG development and marketing is not for the minnow, unlike oil or conventional gas. But if you have funds to sit and wait in RPM I think its worth hanging on. I dont think Growler has much to do with RPM sp. Just look at ITC which struggles around 4c. RPM, I think,is sitting on 100's bcf gas. It becomes arguable whether you will see a better return by staying in RPM or if you go to QGC where it is possible you might also double your money, especially in the event of a takeover. At the moment RPM looks like a stable place to park money with upside potential. But, that could change if QGC withdrew its current offer. If only we knew what QGC were thinking.
I sold most of mine to QGC but I've kept a few.

As a diversion, I find one of the hardest things to do is sell and I've missed significant profits by hanging on too long. QGC made me take a good profit this time.
Cheers all.