RHK red hawk mining limited

Happy to be corrected here, but it seems to me that if you have...

  1. 8,799 Posts.
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    Happy to be corrected here, but it seems to me that if you have not accepted the Offer already, you might as well sell on-mkt.
    The only reason one might have accepted the Off-mkt Offer was because of the possibility (albeit very remote) that another bidder may have made a bid.
    That remote possibility has clearly gone now.
    So same consideration of $1.20 either on-mkt or off-mkt.

    So if you sell on-mkt (and it goes to FMG because they are the top buyer at $1.20) then you get paid the consideration on normal mkt terms - ie 3 business days?
    If you sell into Offer you get paid 5-7 business days.
    Of course if sell into Offer, you pay no brokerage! Horses for courses.
    Brokerage seems to be the only issue?
 
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