RED 8.20% 33.0¢ red 5 limited

Quiet activity at Siana?, page-7

  1. 2,412 Posts.
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    Well, on another front, it appears certain that SAR wont be making a TO bid for RED anytime soon .... that just lobbed a very expensive offer for 50% of the Super Pit ..... good luck with that ..... so, unless SBM or a Chinese company come knocking, no TO is likely this year. BUT could a merger with a suitable company achieve MC expansion without RED shareholders getting short changed ? Meanwhile, the AGM is on the 20th .... cant attend, but i expect a good presentation from MW. Hope you all voted for the motions .... this BOD deserves support.
 
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