RCI 0.00% 52.0¢ rocklands richfield limited

target 42, page-4

  1. 1,620 Posts.
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    Curious why you guys reckon 42c may be a goer. Unless benny Wu agrees to release his share to a potental suitor, the takeover will not happen. Check out the annual report and see how many Performance Options benny Wu has, with an exercise price of 50c share. Can't see him paying 50c to get 42c. Any offer has to be above 50c, probably at least 52c before benny will agree, imo.
 
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