RRP 0.00% 8.5¢ realm resources limited

Ann: Third Bidder Supplement and increase of Offer Price to $1.00, page-115

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  1. 2,986 Posts.
    lightbulb Created with Sketch. 32
    thinking about this...they cant seriously want it. They only need to buy 35 or 40 million shares.....its not a lot.

    at 2 bucks (which I would accept) its only 70 or 80 mill....then they could wrap it up and sell it for a billion, or there abouts.

    So they either cant afford it or they are willing to hang on to their current investment, which would be costing them heaps in interest or foregone interest, for greed or ego.

    IF i was a director of T2 I would be asking about the oppurtunity cost of playing this rediculous game.

    IMO Its just not making sense from a business perspective
 
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