If its to tie up existing shareholder value in complex corporate shennanigans in a trading halt while the share price should be allowed to trade up along with the price of Zinc then I count that as a success
can you explain that I dont really get it (though things evade me sometimes)
the way the latest preso reads to me the spin off is going ahead and teck are going to hit the 70% (but not take the depsoit like they already know)
Ann: Offer to acquire Reward Zinc JV Interest,RXL-IMI.AX, page-44
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Change
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Mkt cap ! $57.48M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
| 2 | 368796 | 15.0¢ |
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|---|---|---|
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