Potential risk exists if Risco do an off market deal with Chatchai and acquire a simple majority holding. The rest of us may be screwed. Why has Chatchai not commented on the offer? Has some agreement been reached between the parties as between them they hold over 50%?
With a majority, Risco can remove and appoint directors and delist. How would we realise value then?
To Tap or not to Tap, page-35
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