RRP 0.00% 8.5¢ realm resources limited

It's easy to see how any one studying the situation could come...

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  1. 1,619 Posts.
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    It's easy to see how any one studying the situation could come to that view about possible side deals.
    I make no specific comment about my personal opinion .

    The offer opened in mid March.

    They got acceptances for around 1% of the shares in around 3.5 months.

    They had an independent expert report to view from the end of March.

    The bid is extended less than 2 weeks ago, along with a statement from the NA's saying a new IE report will be available in 2 weeks, and will include an updated NA's recommendation.

    All of a sudden they mysteriously get an extra 2.2% in 2 weeks, prior to the updated IE report and NA recommendation, and still well below the value ascribed in the last IE report. There is still another 2 weeks before the offer closes.

    Beggars belief doesn't it!
 
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