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RAP

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20.5¢ raptor resources limited

Top-up fundraiser, page-141

Currently unlisted. Proposed listing date: 4 SEPTEMBER 2024 #

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langhoatu81

1,474 Posts.

114

23/07/22

19:51

Post #: 62692744
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Originally posted by Arrowhead: ↑

You do realise that the majority of shareholders will be voting FOR the transaction?

The anomaly of a Scheme requiring 75% acceptance can easily be negated with a simple asset sale and a subsequent delisting of the company which only requires 50.1% of the shareholders to approve.

So if I'm Pfizer, do I bump the offer and risk my reputation that the rats and mice reject it anyway? It's not like TT can get consensus from all supporting his motion to negotiate with Pfizer on your behalf.

If I'm the BOD of RAP, I re-cut the deal as an asset sale which results in less value to RAP shareholders as they'll have to pay for the de-listing costs. That's the prudent action in light of no cash in the bank in an uncertain capital raising environment.

It's been done before - MIRA used it on VTH last year.

So your activism will likely result in a lower return with a time delay.

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you are weird as a holder? Only seen ur posts since the take over? Are u working for Pfizer or for Tony?
If you are aussie, show some patriotic behaviour to support an aussie company, why you want RAP gone in foreign hands?
Anyway lot of BS these days, so your rubbish post is nothing different to some junk fastfood which does more harm.than good!! Be happynits weekend.. post on monday is better!

RAP Price at posting: 12.0¢ Sentiment: Hold Disclosure: Held
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Top-up fundraiser, page-141

Top Stories

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The market's shrugged at China's stimulus measures all year. Why is this one different?

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