The EGM (Extraordinary General Meeting) is held tomorrow morning in Adelaide for shareholders to approve the acquisition of Xped and to change the name of the company from Raya Group Limited to Xped Limited. At the moment, for all intensive purposes, we are still a mining company shell. The vote gives shareholders the right to stay as a mining company or to change over into a technology company by acquiring Xped.
Tomorrow morning, before trade, RYG shares should go into a voluntary trading halt. If the acquisition passes at the EGM, then the RYG shares will stay in a halt until relisting, approximately the 31st of March, and during that period, the name of the company will change, and shares will be relisted as XPE.
- Forums
- ASX - By Stock
- RYG
- Breakout begins at 3.3c
Breakout begins at 3.3c, page-68
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)