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10/11/14
09:37
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Originally posted by southskies
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As I say, Fosun know the true worth of what the Company has discovered. Any person could see that the current Board were idiots (why enter into an agreement with HZN when it was shown that ROC shareholders would loose out?), also given the long history of poor decisions (just look to see what the share price was a few years ago). ROC had the potential to be a real spinner.. just check the P/E ratio, but alas, the real winners will be the Chinese not those people willing to sell up for .69c.
Anyway, 'nuff tears. The purpose if this post is to make the warning, as per the ASX Announcements:
Fosun reserves the right to purchase shares at less that .69c on the market.
There will be no need for Fosun to continue to offer .69 after the current date. There will be no other buyers, so they will just offer what they want. IMO. Interesting that 2 Brokers still have a Hold status on this share, but perhaps this is just an old notification.
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Acceptances from before the " unconditional " announcement should be paid around Nov 20 I'm told ( Computershare ). Don't know about later acceptances.
Cheers
J