RE: 10 out of 9 BOXES ✅29 Apr 2026 11:51
Casper,
Unfortunately, I don't agree that RMD is taking a massive risk. RMD is not taking the same risk as ordinary shareholders. RMD is not just buying suspended ordinary shares. It has secured CLNs, interest, conversion rights, board influence, and an outstanding registered charge over PPP’s undertaking/assets. If PPP returns to trading, RMD has upside through conversion. If PPP does not return to trading, RMD still has a secured creditor position and potential restructuring leverage.
RMD has built a calculated commercial structure, not the same risk profile as retail holders being asked to approve dilution and disapply pre-emption rights.