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24/02/14
18:26
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Just looking back at some notes, I'm going to be positive here and come up with another scenario.
RCF are the shareholder with the most to lose.
They are hands on and I have no doubt they would be at the table as a key stakeholder.
They have purchased a lot of shares in the dollars not cents.
If they are to buy more equity it may be a good result as they may have a compromise on issue price given they already have 20 percent.
Maybe lifting it up to around 51 percent might suit them. If the company can use RCF 's money towards the unsecured notes, it's a win win.
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