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and this is now the 2nd finding (in what 2 months?) against...

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Van88

933 Posts.

57

29/06/18

14:28

Post #: 34040781
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Originally posted by Cbboyz ↑

THIS SAYS IT ALL - COERCION !!!
The Panel considers that, in combination:
(a) the continuing suspension of Realm, which denied shareholders a market
and a readily observable value for Realm shares in light of market
developments
(b) the recognition by T2 of the improved financial and operational position
of Realm since the Foxleigh Acquisition which likely increased the value
of Realm
(c) T2 changing its position from actively supporting the re-listing to actively
opposing it
(d) the intention of T2 to remove Realm from the official list whether or not its
takeover bid results in it reaching the threshold for achieving compulsory
acquisition
(e) active steps taken by the nominees of T2 on the Realm board to stop the
re-listing
(f) the statements in the bidder’s statement referred to in paragraphs 25 and
26 of the declaration and
(g) the nomination of the additional directors of Realm which would ensure
the intentions of T2 could be given effect to,
had the potential to coerce Realm shareholders to accept the T2 bid.

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and this is now the 2nd finding (in what 2 months?) against Taurus where they change their minds about their intentions.

you would hope there is some ramifications

RRP Price at posting: 8.5¢ Sentiment: Buy Disclosure: Held
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