Does anyone have any idea how much the takeover bid is costing Risco, the reason for the question is i am thinking , have they factored in a length of time to achieve their desired outcome. For example if its costing 50G a week in interest and other costs there must be a cost benefit inflection point where they need to move things along or start spending too much of their own cash? This may precipitate a larger offer to hasten the finalisation of arrangements with Morgans.
TAP Price at posting:
9.2¢ Sentiment: Hold Disclosure: Held