RRP 0.00% 8.5¢ realm resources limited

I'm not sure it works like that. If they get 96.41% or more they...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,619 Posts.
    lightbulb Created with Sketch. 248
    I'm not sure it works like that.

    If they get 96.41% or more they could still be taken to Court by shareholders. Shareholders need to prove to the Court that the offer is insufficient. I'm not convinced another IER gets done either. I'm not sure who pays for it either.

    If they get LESS than 96.41%, and 10% of the remaining shares object, then that's when a new IER is done and the onus is on the Bidder to review to the Court we are being offered FAIR value, all at their expense.
 
watchlist Created with Sketch. Add RRP (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.