I think this has a bit more to play out in light of the concurrent deal by Todd with FMS. The shareholders aren't happy and rightly so - they appear to be getting the whole boxing match for a song but for RTA there appears to be very little bargaining power. I was one of the unfortunate SH to get on board FRG (previous name for RTA) at $1 plus and the next week the siht hit the fan with Curtis trying to backdoor Lynas shareholders over Crown deposit. Been in catch up ever since. One thing I have learnt - I will never invest in another company remotely associated with Curtis. Have no choice but to take coin and definitely feel for FMS holders and hope they get a better outcome.
RTA Price at posting:
15.0¢ Sentiment: None Disclosure: Held