BOW 0.00% $1.52 bow energy limited

takeover offer for rpm..., page-16

  1. 3,550 Posts.
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    QGC already had a substantial stake in RPM and have increased it by about 3% since their offer. BOW already has over 10% of RPM according to their lodgements so they have a potential blocking stake at least ("Bow has acquired a relevant interest in some 25,989,588 Roma shares representing some 10.2% of Roma, including shares acquired through purchases and under pre-bid agreements with shareholders in Roma.") RPM also has a stake in BOW courtesy of the exchange for 10% of Don Juan.

    There is a lot of further action and information to come out yet and so it is premature to be doing anything IMO.

    regards
    DF
 
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