RDG resource development group limited
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presumably I am missing something here.....RED5 want to takeover...

  1. crarg
    4,379 Posts.
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    11/09/18
    10:24
    Post #: 35514737
    presumably I am missing something here.....RED5 want to takeover all of BML by a 1 for 5 offer valuing BML at less than $5mill and RDG want to subscribe to a 30% equity interest in part of BML for $15mill with a preferential dividend payment

    I guess this is what plimsoll is alluding to the 1.6c vs 26c....quite a difference in valuation!!
    RDG Price at posting: 2.4¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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