Hey Exit, yeah I figured it was a low ball offer see below on what I posted, I reckon they will have to make a nominal offer on the options too just to keep everyone happy
What do you reckon?
On another note it looks like Gurjat NRE are trying to steal REY from Australian Investors for a song
9c a share is an insult it really really is
This company has 500Mts of coal and possibly up to 1Billion Tonnes I say 20c per share at least and a nominal 1c-2c per option (even though there 30c options) is fair
I've bough some opies today at 0.002 as a high risk punt on this happening
The directors hold over 10M of the 30M options between them, Im sure they will also want some nominal value given to them ; )
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