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20.5¢ raptor resources limited

Ann: ResApp to present at Gold Coast Investment Showcase, page-38

Currently unlisted. Proposed listing date: 4 SEPTEMBER 2024 #

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TheSanDiegoKid

724 Posts.

356

25/06/22

14:05

Post #: 62203414
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Originally posted by Ericsson: ↑

Thanks mate. The boss sounds pretty sincere regarding the takeover recommendation. So far the company has spent just over $40m to develop and distribute the tech. The t/o offer values the company at around $127m. 'Work to do' is the new catch phrase and it comes with a price tag. It's obvious that our leaders have had enough and want out. So who's willing to risk another $40m for a stake in the company and the chance to increase value by many multiples. For all our sakes, I hope someone emerges soon. I'll vote 'No' for what it's worth. Cheers.

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That $40 million includes five years of development, studies, approvals etc. We have only just started to have the ability to commercialise the product/s. I could be wrong but I have a strong belief it won't be another $40 million without revenue. We are starting our claw back to black

RAP Price at posting: 13.0¢ Sentiment: Hold Disclosure: Held
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