RRP 0.00% 8.5¢ realm resources limited

Maybe clarify ifthey have already declared their offer for the...

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  1. 933 Posts.
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    Maybe clarify ifthey have already declared their offer for the ASIC run IER to be done:

     

    I was under theimpression the offer is remaining at $1.35

     

    See the below announcements:

     

    Ann: Bidder hasrelevant interest in 96.30% of Realm Shares

     

    As the Bidder and its related bodies corporate have fullbeneficial interest in at least 90% of the shares on issue, the Bidder hasconfirmed to us it that it intends to compulsorily acquire the remaining sharesin Realm in accordance with Part 6A.2 of the Corporations Act 2001 (Cth).Accordingly, the Bidder has advised Realm that it has made an application toASIC to commence the General Compulsory Acquisition process for remainingminority shareholders in Realm. ASIC has 14 days to nominate a panel ofIndependent Experts for the Bidder to use in preparing a report

     

    On the Ann: Right tobuy out remaining holders

     

    Under Section 5. It states:

     

    Unless otherwiseagreed, the terms on which the securities will be acquired by the bidder willbe the same as the terms which applied to the acquisition of securities underthe bid immediately before the end of the offer period

 
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Currently unlisted public company.

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