RRP 0.00% 8.5¢ realm resources limited

Ann: Right to buy out remaining holders, page-76

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  1. 933 Posts.
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    Nope its the right info. This isnt trading again they would only be able to o the cap raise if they got less than 90% of the shares on issue however they have 96%

    refer here:

    If the Bidder does not acquire greater than 90% of Realm shares by the end of the Offer Period, the Taurus nominee directors have undertaken, with some qualifications, not to interfere with the progress of the independent sub-committee of Realm (“Sub-Committee” regarding the capital raise necessary to achieve the 20% free float of Realm Shares required to facilitate a relisting. These undertakings will last for a period of 3 months following the end of the Offer Period or one month after the capital raising is launched (provided it is launched within that 3 month period).
 
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Currently unlisted public company.

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