Australia's largest stock trading and investment forum Australia's #1 stock forum

RYG

Click for more information

0.00%

3.3¢ raya group limited

So you saying today was it and those who hold will now hold...

First 62 Last

Share
Profile

Follow
troyboy

1,946 Posts.

2

03/03/16

18:42

Post #: 17181276
Share
Originally posted by JPMax ↑

From the notice of general meeting, please read last paragraph.... Today was the last day to get in or out....

3.1 General

As has been advised to the market, the Company has entered the HOA pursuant to which it has agreed to acquire 100% of Xped Shares, subject to the satisfaction of various conditions, including Shareholder approval of the Xped Acquisition. It is anticipated that the acquisition of Xped will be completed in early 2016.

Resolution 1 seeks Shareholder approval to the Xped Acquisition and for a change to the nature and scale of the Company’s activities, subject to the passing of the Conditional Resolutions.

In light of the significance of the change to the Company’s activities, ASX has advised that the Company must re-comply with Chapters 1 and 2 of the Listing Rules (as required by Listing Rule 11.1.3). In accordance with ASX Guidance Note 12, the Company’s shares will be suspended from the beginning of the Trading Day on which the Meeting is held until the requirements of Listing Rules 1 and 2 have been met.

Expand

So you saying today was it and those who hold will now hold until after the end of this month when the change over happens?
RYG Price at posting: 3.3¢ Sentiment: Hold Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

Microcap Wrap: 5 explorers with news out today

SVL

Silver Mines models five new calderas close to 396Moz Bowdens deposit

LRV

Larvotto identifies new exploration target at NSW's Hillgrove, boosting shares by nearly 20%

RCE

Recce's R327 found effective against E.coli during clinical trial

CMX

ChemX Materials kicks off first stage works at WA high purity alumina pilot

Wealth Within weighs in on shock 4% inflation read – and stocks that could survive the gloom

LU7

Lithium Universe (ASX:LU7) board visits Quebec to engage key stakeholders

SS1

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

Week 26 Wrap: Cerberus of inflation barks – rents, electricity & fuel – and world watches two elders bicker

AVA

Ava Risk Group expands US presence with A$0.7M Substation Deal

There are more pages in this discussion • 16 more messages in this thread...

First 62 Last

Add RYG (ASX) to my watchlist

SPONSORED BY