On reading today's announcement, it seems there wil be
something in place to have RDI listed on the ASX as well.
"RDI being granted approval for the listing of RDI’s shares on the HKSE and the HKSE informing RDI that all RDI shares to be issued to ARH shareholders will be quoted on HKSE or ASX approving RDI for admission to ASX and quotation of RDI shares on ASX;"
And this for those who don't want to hang around.:
"RDI must use its reasonable endeavours to investigate the possible establishment of a share sale facility by which ARH Shareholders who would receive less than $5,000 worth of RDI Shares (calculated at the Listing Price) under the Scheme can elect to sell the RDI Shares they receive as soon as practicable following the date on which the merger becomes effective without brokerage being payable."
I think we need more information than we have at present to make a judgement either way yet. JMHO
- Forums
- ASX - By Stock
- ARH
- is there more news to come
is there more news to come, page-13
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)