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

RAP

Click for more information

0.00%

20.5¢ raptor resources limited

Is this the start of the auction?, page-13

Currently unlisted. Proposed listing date: 4 SEPTEMBER 2024 #

First 13 Last

Share
Profile

Follow
showie

644 Posts.

81

04/08/22

09:19

Post #: 62913692
Share

Originally posted by delivercn: ↑

If this was an auction bid, 0.001 won’t do any work, it should be followed by other party increase their bid soon, and BOD has to disclose that to the market without doubt.

Let’s keep an eye on the next week, no Ann within the next week on other bid should make it clear

Expand

If you read the scheme, Pfizer require 5 days notice before ResApp can announce a superior proposal to market. In the 5 days Pfizer has the option to match (or beat) the offer which would satisfy the BODs recommendation to support this offer as there is no superior bid.

RAP Price at posting: 18.0¢ Sentiment: Buy Disclosure: Held
10 Upvote

0 Great analysis

Reply

Top Stories

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

PFE

Pantera begins drilling of maiden test well at Smackover

C29

C29 Metals wins Kazakhstani uranium drill run green tick, Kazatomprom talks mature

QHL

Aerospace smallcap Quickstep Holdings jumps nearly 100% after 40cps takeover offer

There are more pages in this discussion • 48 more messages in this thread...

First 13 Last

Add RAP (ASX) to my watchlist