forget all this rubbish, that rsg are up to no good - pushing the price down etc etc.
when rsg entered the scene, nmg had a proposal from some chinese mob - where the chinese mob were going to pump in money in exchange for equity - that is all old news - and rsg made a counter offer. the way that watso reads the counter offer, is that if things work out, then nmg holders end up with a bigger stake, than under the chinese offer.
obviously, as a rsg holder, watso hopes that the deal works out. one thing for sure, is that the convertible note holder will end up with more security, than shareholders.
all shareholders could have participated in the convertible issue, which was underwritten by rsg. frankly, if watso was a nmg shareholder, he would not have put in any extra funds - just let rsg risk the funds, and if it works out, then everyone will be a winner.
best luck to all concerned
please help, what am i missing?, page-4
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ACF (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.12 |
Change
0.030(2.75%) |
Mkt cap ! $337.5M | |||
| Open | High | Low | Value | Volume |
| $1.09 | $1.14 | $1.09 | $775.7K | 696.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20204 | $1.11 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.13 | 5077 | 2 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| ACF (ASX) Chart |