Options:Sell on market, get cash in 3 days, pay brokerageSell...

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jb206

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18/02/25

11:07

Post #: 77904603
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Originally posted by jake0002: ↑

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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Options:
Sell on market, get cash in 3 days, pay brokerage
Sell through offer, get cash in ~7 days, no brokerage
Wait for compulsory acquisition, 6 weeks, extra paperwork.
All at $1.20
right?
RHK Price at posting: $1.20 Sentiment: None Disclosure: Held
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Options:Sell on market, get cash in 3 days, pay brokerageSell...

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