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1.16% 8.7¢ rocketboots limited

Wonder why HZN has not been approached since it is such a great...

  1. danpech
    1,109 Posts.
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    10/07/14
    19:41
    Post #: 13642184
    Wonder why HZN has not been approached since it is such a great undervalued company?..... maybe there is one coming.

    The merger deed stipulates that ROC/ HZN must inform each other of an approach by a 3rd party.

    Can the ROC board reject a change of control cash bid for ROC ( if they receive a legitimate binding one) at say 55 cents when they were happy to orchestrate a change of control of ROC oil through this reverse takeover when the share price was under 50 cents?

    cheers

    Dan
    ROC Price at posting: 56.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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