REY rey resources limited
Add to My Watchlist 0.00% ! 2.7¢

pre emptive rights

  1. OMEGA MAN
    1,155 Posts.
    lightbulb Created with Sketch. 39
    clock Created with Sketch.
    28/09/12
    11:46
    Post #: 10785359
    From 4th August 2009

    These are the pre emptive rights between Rey and Gurajat.
    It was a participation agreement.
    Rey legally has more say in Buru's deal than has been released.
    It provides Rey with a lot of legal bargaining power.
    Rey's shares are therefore basically going for free at these prices IMHO as I do believe that Buru will come to some agreement with Rey to alleviate court proceedings which could possibly leave Buru with nothing.



    REY Price at posting: 6.6¢ Sentiment: ST Buy Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS The 4 sectors poised to benefit from Australia's immigration wave
right-arrow Created with Sketch.
NEWS Listen: HotCopper Wire Podcast 024 – Two '4D' stocks to watch, but only one winner
right-arrow Created with Sketch.
MEM Memphasys secures transformational A$325K initial order with exclusive Middle East partnership
right-arrow Created with Sketch.
BML Boab Metals secures path to full ownership of Sorby Hills Project
right-arrow Created with Sketch.
NEWS New targets and high-grade intercepts drive Bullabulling drill expansion
right-arrow Created with Sketch.
LM1 High-grade targets in focus as drilling begins at Evanston
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.