RRP 0.00% 8.5¢ realm resources limited

One needs to do their research before firing off complaints! I...

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  1. 1,619 Posts.
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    One needs to do their research before firing off complaints!

    I haven't had a chance to have another look at it yet.

    I already have thought of 5 questions to ask Realm, but won't be sending them yet.

    If anyone has any questions they want me to consider asking, then you can email [email protected]

    There are some inaccuracies in some of the posts above.

    - the involvement of the Takeovers Panel ended long ago. They will only get involved if the 35c is not paid by the due date.
    - the date of this report is 31 August. That's 4 weeks after the close of the takeover bid. The who accepted have not been impacted by the difference in dates of the date of the report and the release of the report.
    - T2 needed to declare their revised offer price to the IE BEFORE they commenced work on the new report. It's then up to the IE to determine whether the revised price is fair or not.
    - T2 will not have been able to purchase any further shares from holders after the Takeover Offer closed (3/8). Their holding then will still be their holding now.

    I can understand why so many sold

    - wanting the money
    - had enough
    - lost trust in Gordon Galt and the majority of the Board
    - Gordon Galt and the Board not appearing to be acting in the best interests of all shareholders, despite it being their fiduciary duty
    - better investment opportunities elsewhere.
    - uncertainty on when they will be bought out.
 
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