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20.5¢ raptor resources limited

Ann: Scheme Update, page-14

Currently unlisted. Proposed listing date: 4 SEPTEMBER 2024 #

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Chuckybee

716 Posts.

194

30/06/22

15:25

Post #: 62299309
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Originally posted by TerribleTadpole ↑

"no party has engaged with ResApp with regard to evaluating or providing a competing proposal"

The only realistically possible catalysts that could provoke a competing offer at this point are:

Somebody might launch an offer at around 20c/share IF they have $200 million sitting idle in the bank, AND the independent expert's opinion provides enough evidence to represent a first-cut due diligence exercise.

The quarterly report due out at the end of July is staggeringly good.

I don't see much of a likelihood of either happening.

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Unfortunately, have to agree with your conclusion
RAP Price at posting: 13.0¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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