Taurus want Realm, from what i understand they will not let this go. Any business acquisition starts at 'get it as cheap as possible'. In this case the shareholders (us) have reliable and accurate information on the value of RRP.
There is and will further be huge demand for coal out of India, which will drive coal prices for the years to come. Given the current prices there is mountains of money to be made in a short period of time for Taurus, hence they will not let this go.
I for one am not moving, I've held for 2 years like most with a reasonable amount of shares, we are in the box seat now to have some input in the dictation of price.
IF Taurus cannot get the needed shares, consider the relist price. Yes a bit to do before then but this will be well up over $2 and should happen in 2018, that's 100% from current offer in 7 months, not many stocks will be able to reach this type of growth in such a short time frame.
RRP Price at posting:
8.5¢ Sentiment: Hold Disclosure: Held
