RYG 0.00% 3.3¢ raya group limited

Ann: Acquisition of Xped Holdings Completed, page-44

  1. 1,758 Posts.
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    I posted this after the acquisition was announced as being completed:

    "And so it is completed and any risk of RYG not becoming XPE is eliminated.

    I'm not sure about anyone else but I played a scenario out in my head that some major company noticed Xped and what their technology has to offer and decided to offer the Xped shareholders a much better deal than Raya, which caused the heads of agreement between the companies to be terminated.

    A long shot given a binding heads of agreement contract I know but worse things have happened for companies in the past."
 
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Currently unlisted public company.

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