re: Ann: RUM: Letter to Shareholders - Takeov... cardz apologies for the late reply.
At the risk of been proved 100 percent wrong, I suspect rum are poking a stick in the water and see what level of CEN SHrs are prepared to give their shares away.
50 percent is a low level of acceptance.
I found these two sites on the web,maybe it helps.
Takeovers and M&A in Australia - Ashurst
Takeover Guide - Australia
I don't think rums offer is anywhere close to being reasonable or fair,its highly opportunistic with many conditions.
While probably well known already, I support the current management and see no valid reason, at this point in time in giving my money away to rum,my purchase price was .39 cents a share,I did not participate in the last CR.
Raider
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Mkt cap ! $1.867B | |||
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