RHK 5.00% 84.0¢ red hawk mining limited

Ann: Unconditional off-market takeover bid, page-75

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  1. 3,062 Posts.
    well not interested in 1.3c not even 40% of capital outlay , guess they are counting on people selling a tax loss, must be what you might see as a tax payer funded scheme of arrangement , pretty sure the majority of holders are well above 1.3c as a cost base, would be happier at around 8.5c+ held this for about 5 years and averaged down recently to 3c from 10.5 , at the time I thought 10.5 was pretty good.

    looks like they are only interested in the higher grade i/o,well its only business just another for Todd think I will go watch Danny Devito in OPM , we want more, in hindsight probably should have taken the plunge at its ultra low and doubled up again ,so a 50% capital gain for some holders would be attractive so I guess its just a numbers game now someone must show their hand.
    its really a disgrace the dithering board over this period of time, well lets see if they can come to the fore and commence real negotiations with a suitable climax instead of leaving us just feeling screwed,.

    this is the moment our board might earn their money but then collectively we have funded a happy board and a total bargain at 1.3c they could not cover the ground work thats been done in terms of capital
 
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