RAW rawson oil and gas ltd

Not sure where the complexity is: offer is 15 LKO per RAW share...

  1. 3,055 Posts.
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    Not sure where the complexity is:
    offer is 15 LKO per RAW share - no cash in the offer
    15 x 0.0022 = 3.3c value
    for a stock that has traded between 3.8 and 4.5 cents???

    I thought there was a cross connection across the boards, but cant see it immediately, so Ill retract the related party comment

    Personally I think the board got a bit tired of being a minnow with poor funding.

    So they sold out to another minnow with billions of shares on issue ... and poor funding.

    Gosouth
 
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