does anyone still follow this company?, page-9

Be aware that the buy back wont apply from today.

What will todays price be?

The company made the announcement below.

On the 11th of November 2010, RHG announced that in early 2011, if approved by shareholders, it intends to make an Equal Access Buyback Offer (the Proposed Buyback Offer) to all shareholders to purchase all of their shares in RHG for not less than 88 cents per share (1 cent capital and 87 cents dividend) plus a franking credit of 30 cents per share.
This represents a partially franked dividend.

RHG advises:
1. that the Proposed Buyback Offer will be made only in respect of shares acquired on or prior to today Tuesday, 23 November, 2010;
2. that the Buyback Ex-Entitlement Date will be Wednesday, 24 November, 2010.
The Company?s shares will commence trading on an ex-entitlement basis from this date.
Shares acquired on the ASX on or after this date will not confer an entitlement to participate in the Proposed Buyback Offer;
3. that books will close on Tuesday, 30 November, 2010 to determine the shareholders eligible to participate in the Proposed Buyback Offer (Buyback Record Date).