RCI rocklands richfield limited
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Ann: Competing proposal to acquire RCI , page-8

  1. samgribbles
    159 Posts.
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    07/10/09
    23:54
    Post #: 5746952
    I had a quick look at RCI today. Looks like a few hundred million options with a strike price of $0.50 from memory? If yes, the bid price will max out at $0.50. Next logical counter bid will be $0.50 unconditional.

    Beyond that it will be conditional bids, similar to the counter, conditional on those options not being exercised.
    RCI Price at posting: 41.0¢ Sentiment: Hold Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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