Anyone receive an email this evening from their broker regarding a "Voluntary Offer" to swap their NMG shares for RSG shares at a ratio of 12-1? See below:
TERMS
Offeror Name: Resolute Mining Ltd
Conditional Y
OPTIONS
Option 1:
Security
Rate: 0.08333
Share Ratio: 1.00 New per 12.00 Old
Holders will receive 1 Resolute share for every 12 Noble shares held.
Option Default:
Default Option: Y
TAKE NO ACTION
The offeror reserves the right to extend this offer.
Current market prices should be checked.
Doesn't RSG have what they want already with the 19.99 from Wei An and Co.? Why solicit for more ?
Any thoughts would be appreciated.
Thanks
noble postpones general meeting, page-3
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