What would be a realistic take over premium?
It may be a little early to consider this, but unlike most oilers RRS already has a lot of info on the table that others have paid for. And the others also have that info.
The tree shaking efforts of the options, which has not been all that successful, tells me their are investors out their trying to get filled up at the lowest price possible, but unfortunately for them many are long on RRS / RRSO now, so they may have to change tack soon.
The last announcement was excellent and as another poster said "I have never read anything quite like it"
Thing are moving along at a brisk pace, so I think over the next 10 days or so we could see some be interesting developments.
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