NOV 3.85% 5.0¢ novatti group limited

Ann: Capital Raising and Strategic Stake Expands Growth Strategy, page-10

  1. 278 Posts.
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    They are proposing a strategy without any discssion with RCK ( the board and managenebt didnt even know about NOV acquiring the stake)
    They pay a premium for RCK shares and pay for ut with massuvelt duscounted SPP....

    NOV share holders could have ended up with same RCK ownership at 30‰ lower cost a week ago!

    I just hope they havnet been hood winked by corporate pirates whiowanted to sell the RCK stake.

 
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