RE: Helpful25 Sep 2024 22:10
Re. 21:33: Tray556, With regard to the postponed £250000 payment from RRR to POW which was supposed to be paid two months after completion re. RRAL, put back to 13/09/24, presumably still not paid hence the upcoming vote to raise that money if needed in part by placing or in whole by placing - if this is paid by RRR via money, I don't think they would have to give shares to POW at that stage.
Could be wrong but the above is my interpretetation re. re-reading POW RNS of 13/03/24.
I can vote in POW GMs, AGMs as well and I continue to want good progress for both companies.
I will be supporting the RRR leadersip in voting for their recommendations, if I only had one holding in relation to the two companies and it was only relevant to RRR, I would still be voting with the same choice.
As said previously by me: each eligible voter needs to think things through and make their own choice on the basis of their own opinion.