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If the SP rises above the offer price then RMS would be silly to...

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Davisite

19,424 Posts.

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26/10/18

13:45

Post #: 36274145
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Originally posted by Dianella 68 ↑

"I am wondering if those that gave their shares early to RMS are having second thoughts".

According to the Bidders Statement if RMS does not proceed with the offer due to offer lapsing when a condition is breached, the offer will lapse at the discretion of RMS and EXU holders will retain their shares.

So it depends on what happens to the share price after the Trading Halt is lifted as to whether they are happy or maybe not so.

Jim.

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If the SP rises above the offer price then RMS would be silly to cancel. Could be a good little earner for RMS, but probably not worth the distraction.

EXU Price at posting: 11.0¢ Sentiment: Buy Disclosure: Held
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