Most important question RRP, page-9

My best guess is it will play out like this (assuming they haven't paid the $0.35 yet, and knowing the way operate I can't see why they would have yet).

Cash in their FND shares on Friday/Monday.

Cheques are sent out dated the 3rd, but won't be able to be presented until a few days later (check the date stamps on your envelopes), meaning there is enough time for the FND funds to clear.

I can't see how Realm can declare a dividend or capital reduction when a) the shares are suspended b) under a takeover offer and c) those entitled to the $0.35 don't own the shares anymore.

I asked ASIC Friday week ago if they were concerned at how long the new IER was taking. Rather surprisingly (insert sarcasm) I am yet to receive a response.

I got a reminder to complete the ASIC survey, as I hadn't done it yet.

It's hard to complain about customer service if you haven't received any. I will be completing it and it won't be complimentary.

I'm aware the IE sought information from Realm about the "geotechnical issue at Foxleigh".

In my opinion I'm slightly surprised at this given this only seems to be a temporary issue, based on my interpretation of information contained in the ASX announcement. It was also only a small amount of coal, when comparing the declared marketable reserves.

It will be interesting to see how it plays out from here.

FND shares are worth (to T2) $20.1m in cash
$0.35 X 26m shares (from memory that's how many they got in the bid) =$9.1m
Leaves them about $1.20 per Realm share in cash, without taking in to consideration what other cash reserves T2 may have.

???