TSXV:RBI.H - Post by User
Comment by
riverrowon Nov 14, 2016 9:07am
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Post# 25456171
RE:Cash consideration
RE:Cash considerationThe best person to ask is probably your account. I finally crunched the numbers from page 35 of the notice of annual general and special meeting of shareholders. My math may be wrong but it looks to me that the initial payout will be about 4.6 cents a share. A lot of money is being held back in various escrow accounts and some money to pay ongoing expenses. Shareholders might get about 3.38 cents in drips and drabs till final closing. Personally I'm not willing to have so much money tied up and illiquid waiting for all the payout so I sold all my shares for 7.5 cents. Do you own diligence. GLTA.