RRP 0.00% 8.5¢ realm resources limited

Had a drink last night with a merchant banker who has seen this...

  1. 53 Posts.
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    Had a drink last night with a merchant banker who has seen this happen 100 times. His explanation to me was that even though Taurus has the money and could've paid for the mine in cash but would rather use RRP as the front witch relieves them of any exposure therefore there not responsible if anything goes wrong. So to sum up my theory I believe they will back door us and go private. If so like I said they will need us minority shareholders to vote and they will need 9% of the 13% to vote there way.
    On the other hand they can stay in suspention for up to 2 years unless we do something as a group.
    I hope they just relist and buy us out at market prices and so be it.
    They can also dilute us further by raising more money and they can raise up to 14% of the companies total holding without our vote and if they keep doing that slowly slowly then eventually they will have the numbers and kill us minority shareholders.
    I hope that's not the case now that the company has the money to just buy us out at 20-30 cents.
    My message to the directors of RRP if your reading this.
    " reward the minority "
 
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Currently unlisted public company.

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