It’s a done deal unless a superior offer emerges. RGT Capital has agreed to vend their scrip into a bid and they own like 60% of the issued share capital. Very little chance of the scheme not succeeding. Good for anyone who got in recently, not so much for IPO participants.
This deal highlights one of the risks of having a controlling shareholder…doesn’t matter what minority shareholders think, RGT holds the cards.
- Forums
- ASX - By Stock
- YFZ
- Ann: Youfoodz enters Scheme Implementation Deed with HelloFresh
Ann: Youfoodz enters Scheme Implementation Deed with HelloFresh, page-30
-
- There are more pages in this discussion • 40 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)