ORS 0.00% 1.3¢ octagonal resources limited

Ann: Proposal to Privatise Company, page-15

  1. 935 Posts.
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    "ORS chariman wants to buy the company he listed at 25 cents for just 2 cents/share"

    Even that looks like a generous assessment. The bulk of the consideration is shares in a company you already own. Unless there's something I've overlooked, the maths suggests simply distributing the shares & options in AYC in proportion to current ownership in ORS would result in a better outcome for ORS shareholders (even after taking into account debt).
 
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Currently unlisted public company.

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