RAP 0.00% 20.5¢ resapp health limited

Ann: Cough detection patent granted in Australia and Japan, page-27

  1. 4,888 Posts.
    lightbulb Created with Sketch. 2383
    I'm perhaps not quite as confident as @pilko3 but there are many holders who are deeply committed to working against the takeover in order to retain our interest in this company.

    The bar is set pretty high for a scheme of arrangement – at least 50% of all holders who vote, AND at least 75% of all shares voted – so it will be an uphill battle for the yes vote to win with a takeover target who is not in any kind of difficulty.

    I addition, many dozens of shareholders have contributed funds (which are in my possession) sufficient for us to reach every owner of a marketable holding with a message explaining the investment potential of the company and encouraging the no vote.

    To anybody who has bought recently with a view to obtaining their profit from the takeover, I would suggest that they either have a plan B or consider taking a profit when the share price reaches an acceptable level in the lead-up to the vote.

    This takeover is very, very far from being a certainty.
 
watchlist Created with Sketch. Add RAP (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.