I'm still reading through it all - but my interpretation is that the value of your CPH shares no longer matters. It's HOW MANY shares you're holding.
1 CPH share = 0.395 RLH share, once it's automatically converted under the scheme.
What matters is the value of the RLH share we are getting. RLH will continue to trade on the CSE and it's value will go up, as they're looking at a 30% premium and future sector opportunities, given that it will all be North American based from 1-October.
The panic selling may hurt for those who have held on/prior to the 15th.
Anywho, still plenty to read and digest. The scheme and deed are lengthy documents.
For those who don't quite understand how it all works, your panic posts are ridiculous. The non-holder posts are even less informed.
Best to register and dial in to tomorrow morning's investor briefing 10-11am.
CPH Price at posting:
17.0¢ Sentiment: Buy Disclosure: Held
