re: Ann: Conditional sale of RUN Property and... skyrocketer,...

re: Ann: Conditional sale of RUN Property and... skyrocketer, agreed that plenty can happen. Hence it is trading well below offer value.

But, this was not a conditional offer that was lobbed in pending this/that/other, like most deals. This is a sale agreement by the parties involved. This is not a mining company requiring specialised due diligence or a foreign entity buy out requiring a string of approvals.

It's a simple business model with incredibly motivated sellers. RNC s/h approval should not be an issue.

I find it difficult to believe either party would enter into a sale agreement without a strong understanding of where the funding would come from.

Tax and consideration issues should be covered by existing precedents. It would not surprise me if legal and tax consultants have already provided preliminary guidance on the deal with ATO/ASIC guidance outstanding.

But hey, I've been wrong before. I'll be wrong again.