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25/08/23
11:28
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Originally posted by Dernancourt
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Okay. Confused as hell here... I own MGV bought at 0.07 back in the day...
I'm not sure what to do.
My understanding is that when MGV gets 50% (approx), they control the board and basically run the show - however MGV is still listed. Anything could happen then... It's the "anything" part I'm worried about...
When they get to 90%, it's delisted and absorbed into RMS.
Is that correct?
If I accept, I cop a huge CGT bill or maybe not with rollover relief which may/may not be allowed.
What I need to know is... what is the risk of holding on...until 90% day?
Why did all the RMS directors throw in the towel? Big money and/or new role at RMS? Are there issues with MGV?
Can anyone fill me in...
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I’m afraid you need to read the documents. As I have accepted. I am a non holder now.
Last edited by
ellimb :
25/08/23