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20.5¢ resapp health limited

With court approval Pfizer can cancel all shares and send the...

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nippy

10,518 Posts.

674

08/09/22

18:03

Post #: 63596503
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Originally posted by pilko3: ↑

Thanks Nippy but if the company status quo remains until after 13th Sept court decision (BOD and shares in place) then the fact is or still should be that a significant 10% of shares plus shareholder is still entitled to make a bid for the company. So following this reasoning if WAM had that prescribed 10% (or ore) of RAP shares then why couldn't they say make an offer for the company tomorrow or Monday at say 24 cents per share? That offer overrides Pfizer's pathetic buyout price and would trump the current scheme price. Pfizer can't make another bid unless they have at least 10% of RAP...would this be the case? It could serve to explain the high volumes of shares sold last couple of days with Pfizer trying to buy this stake so they could counter a bid from WAM. That would be a hoot...we would all of a sudden have a Dutch auction which would start a competition for control of RAP over and above the scheme which would be set aside pending a final buyout price. Now that would be a turnup for the books! Your thoughts?

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With court approval Pfizer can cancel all shares and send the money.

It is that simple.

Your % does not matter.

People had a chance to vote > don't get to change their mind afterwards.

RAP Price at posting: 20.5¢ Sentiment: Buy Disclosure: Held
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