RHK 6.96% 73.5¢ red hawk mining limited

Ann: Update on proposed transaction with BBIG, page-32

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  1. 48 Posts.
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    Am I correct in understanding that the proposal would mean that :-
    1. FMS would be delisted from the ASX
    Last time that was proposed the share price dropped to $0.025
    Why would I vote for that?
    2. Under the proposal I have no easy access to my capital, until some years down the track I may receive an unquantifiable royalty
    With more than 2 million shares, FMS is a significant portion of my share portfolio and I want ready access to the money
    As others have said, I believe that any proposal needs to include an option to buy out, at a fair and reasonable price, for those, who like myself, want to move on.
    I will vote NO any proposal that does not give me ready access to my capital.


 
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