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clock Created with Sketch. 16/03/25
15:54
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Originally posted by Firsttracks:
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assuming the AFR is accurate then RMS have to go on Monday. I guess $1.80 as the source says modest premium and SPR has run up in the last week to $1.60. a scheme only needs 75% acceptance I think and does allow for an increased offer so RMS may start low and see how the top 10 react.
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I don't think it is easy to alter the offer once the arrangement has been announced. and 50% of shareholders who vote. The latter is one vote one shareholder regardless of holding.
(20min delay)