Enjoyed watching the video very much and reading Pala comments about share offering to present shareholders i understand better the value of the assets RDI has .
Pala is afraid of dilution , i can see their point but i still fear their " agressive stance " regarding board of directors and shareholders rights .
Pala is trying to overtake the comany at it's weakest moment for a meager price .
I don't know if the numbers i came up with in a previous post make sense now but 2 years from now i think they will and i'm ready to sit on what i have for that time and even improve some in appropriate time .
Pala move comes right before earnings start coming in , two months from now our shares should have easily doubled or tripled .
The way Pala is acting they obviously want a bigger peace of the pie for as little as possible . I don't mind their buying some more as long as we have the same privilege concerning the price and conditions .
From Mr. Bristow's interview i gather RDI board would rather go through a broad share offering in the market , and the TSX seems to be the favored vehicle , either way i just hope Pala does'nt get their way with abolishing he shareholders rights plan and the demotion of the board , it does'nt feel right .
Thanks for the info.
Tectol