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what price to buy out rrs?, page-2

  1. 1,250 Posts.
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    Before giving a definitive answer, Kennig, I want to know more about RRS' 19.9% strategic stake in CTR, and just how exactly it is calculated.

    From the Top 20 share registry that somebody posted earlier in the week, we discovered that RRS held approx six percent plus a stack of options.

    They are no longer the major shareholder of the company - HSBC is - yet, reportedly may have an overarching influence on how CTR do things.

    Unless RRS have sold some of their shares to HSBC or on the market, no one will know until an Appendix is out. And maybe, just maybe, there won't be one of those released until they have fully finished selling their shares off, which hasn't occurred yet.

    Could HSBC also be helping RRS with their reported financial problems? Just thinking a little lateral.

    Food for thought.

 
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