HXG 4.35% 2.2¢ hexagon energy materials limited

Ucore to acquire 100% of IMG and RapidSX, page-11

  1. 168 Posts.
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    The piece I can't get my head around is if Ucore ends up owning 100% of RapidSX how does HXG get a piece of the pie? IMC owns RapidSX so they get the proceeds (shares) from Ucore. And Ucore is raising US$2m just as HXG was going to do. HXG needs to get an announcement out asap as this announcement is fairly binary for HXG, ie price sensitive information.
 
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