RMS 1.54% $1.98 ramelius resources limited

Are we there yet?, page-4

  1. 182 Posts.
    Theofferhasbeenextendedto29thMay2020soitjusthastobeallowedtorunitscourse.
    Thestragglerswillbetoldon22ndMayifnotbeforethattheofferwilllapseonthe29/5/2020andwillnotbeextendedandRMSwillproceedtocompulsoryacquisitionofremainingsharesIMO.

    89.42%of1,440,515,165SPXSOI.=1,288,108,656approx.sharesnowheld.

    IfRMSbotheredtoexercisethe101Moptions,whichIdon'tthinktheywillyoucanadd101MsharestoSOIandacceptancesharesheldandendupwith
    1,541,515,165/1,389,108,656=90.11%

    SoIguessthatmeanswearealreadythere.

    Jim.
    It's been quite a while since my days of RMS with the original purchases of 6c and getting out around the 40's.... Ah well - can't complain.

    I am however back as of today. GOLD GOLD GOLD
 
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