RRS 0.00% 0.1¢ range resources limited

disgruntled oppie holders

  1. 6,284 Posts.
    Any deal to be done must not disadvantage fpo holders.

    No deal has been struck at this point in time.

    The best interests of the shareholders and the option holders is parramount


    Any deal that is to be struck will have the best interests of the fpo and option holders at stake.

    You would imagine that before the open of trade on Monday we will know more.

    Anything better than a 2 old for 1 new 2008 option with a strike of 180c for a re issue price of 2.5c would be a deal that fpo holders might approve.

    Come Monday it may just revert to threats of litigation,
    nothing is certain, it really depends on how greedy the negotiators become.

    They have already indicated to me that they are in for all that they can get.Thats what negotiation is all about.

    First they ring around the big holders to see if theve got the numbers to get it up at the agm then they try for a high settlement.

    By tonight , they might have it sorted and I can post something about this on the rum where its been pulled

    My own forum ...and its been pulled....lol

    Regards DWJ
 
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