RRP 0.00% 8.5¢ realm resources limited

Good to see the independent directors standing up for the...

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  1. 1,937 Posts.
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    Good to see the independent directors standing up for the minority shareholders. It beggars belief that Taurus are pursing this unconventional strategy while ironically pleading to the Takeovers Panel on another takeover matter in which they are a minority shareholder, viz;
    1. Taurus submitted that the orders sought by ASIC, including an order cancelling Taurus's acceptance of the Takeover Bid would be "incredibly unfairly prejudicial" to Taurus and certain minority shareholders, locking Taurus in "as the most substantial holder out of only a very slim minority left in Finders".
    https://www.takeovers.gov.au/conten...sons_for_decisions/2018/009.htm&pageID=&Year=

    Pass me the air sick bag please.
 
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