RRP 0.00% 8.5¢ realm resources limited

Ann: Right to buy out remaining holders, page-72

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  1. 933 Posts.
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    T2 have made their takeover offer at the $1.35 amount .

    Next step is ASIC appoints an independent expert to state whether the takeover is "Fair and Reasonable"

    The $1.35 was neither fair nor reasonable according to the last report.

    Then we can chose to either accept the $1.35 offer or reject it and object to it. If 10% of the remaining shares object we go to court and they determine a fair price. The court costs will have to be paid by T. I will be rejecting it

    Court assigns a fair price and Taurus will decide whether to pay it or not.

    If they dont we remain shareholders, entitled to dividends or other takeover offers, however the company will de-list so wont be able to sell shares
 
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Currently unlisted public company.

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