RHK 4.88% 86.0¢ red hawk mining limited

A few home truths..., page-35

  1. 78 Posts.
    What would happen if everyone (forget OCJ - they look to be sorted) put their shares on the market at say 6 cents.
    I don't want everyone ranting about the price but just see where I am going with this.....
    Todd can let this offer run its course and get maybe 35% to 40%. OCJ have whatever arrangement in place.
    Column 1 Column 2 Column 3 Column 4 Column 5
    0 Todd 40%   1,173,859,501.60 0.025 $29,346,487.54
    1 OCJ 20%   586,929,750.80 0.025 $14,673,243.77
    2 Rest 40%   1,173,859,501.60 0.06 $70,431,570.10
    3         $114,451,301.41
    So if Todd want FMS they buy the rest on market, nothing stopping them doing this, worse case they pay about 40mil more, they should easily get over 90% in one swoop, can have it all this time next month, spill the board and whoever is left over gets swept up cleanly.
    The SH can see solidarity in the quantity of shares listed over and above the current offer as a blocking stake and it would put the wind up Todd knowing someone else could get maybe 40% in one hit.
 
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