RE: RNS5 Aug 2025 14:41
Mikey, few other things.
It is only 30 days exclusivity. If RRR is not happy with progress or the deal is not closed then we are open to offers again. We keep the exclusivity fee. Likely now this is in the public it will stimulate more interest. If the exclusivity lapses, then more companies are likely to want to talk.
It shows that the CDI assets have a significant value; likely in excess of RRR's market capitalisation. Not bad for assets which were delinquent, we had lost and were in any case worthless: according to the World's Greatest Part Qualified Accountant.
DYOR