RIV 0.00% $16.20 riversdale mining limited

tata steel says will hold on to riversdale, page-12

  1. 4,739 Posts.
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    question - if one decides to take the RIO offer and send off the acceptance form, but the deal eventually falls over because they fall short of the 50% min acceptances, will they honour the acceptance and send you the $16 per share checque, or just advise they wont be taking your shares, in which case you would be likely staring down at $10-12 per share on market.... is it safer to sell on market in other words to ensure you crystalise a sale ??
 
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Currently unlisted public company.

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