RMS 0.69% $2.19 ramelius resources limited

Ann: TOV:WGX Panel Receives Application, page-27

  1. 39,885 Posts.
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    YES ....There's going to be some sort of break fee - but RMS want it small enough not to be a deterrent to a union of the two

    but ....don't you worry about "paper money".....uness you were hoping to cash out soon
    the T/O would've had to come public at some point ....and when it did ...RMS price was always going to slide ....so I don't see it as stuff up

    the issue with the $40 mill is it makes WGX shareholders less likely to agree to a merger/TO
    the other issue is RMS calling on TOV to get WGX more upcoming on synergies with Aurora - seesm RMS think WGX have misrepresemnted - also to help dissuade holders from a union with RMS

    I eagerly awat speccies comments !
 
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