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Regal Partners Ltd V.RPL


Primary Symbol: VGIPF

Regal Partners Limited is an Australia-based company, which operates as specialist alternatives investment manager. The principal activity of the Company is the provision of investment management services, specializing in alternative investments. It is engaged in managing a diverse range of investment strategies covering hedge funds, private markets, real and natural assets, and capital solutions on behalf of institutions, family offices, charitable groups and private investors. The Company has seven alternative investment management businesses: Regal Funds Management, PM Capital, VGI Partners, Taurus Funds Management, Attunga Capital, Kilter Rural, and Merricks Capital. The Company operates offices across Australia, Asia, United Kingdom/Europe, and North America.


OTCPK:VGIPF - Post by User

Comment by blondeBondon Nov 15, 2013 9:55am
258 Views
Post# 21909227

RE:RE:FrontFour submits financing offer and comments

RE:RE:FrontFour submits financing offer and comments
hawk35 wrote: Not impressed with Frontfour press release.  There has been no suggestion of a share issue but they raise it like it is a fact.  Are they doing this to create fear so they get shareholder support? 

Completely agree with you. Anyone not familiar with the story would assume that RPL has talked about issuing shares in the 75 cent range.  
"FrontFour is concerned that the board of Renegade may be considering a private placement at or below the current market price.  FrontFour believes that Renegade's shares trade at a significant discount to net asset value; therefore, an equity financing at or below current market prices would be excessively dilutive and a breach of the board's fiduciary duties."
Shady press release full of accusations, but no substance re: FF's intentions.
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