Trigger of rights plan will have no effect on the buyer. The buyer will just reduce his price per share for for the company. The stcok price will be diluted for the additional shares. The market should be an excellent barometer of the value of the company.
Leon Kopyt's tenure is coming to an end.
OK who is the moron that gave me a thumbs down? Listen up:: a major battle is coming. O'connell and team now collectively own 13% of RCMT. He was busy the last 5-8 days, adding another 100,000 shares. I bet he addded yesterday also, large voulme. he can go another 2% before the rights plan will kick in. Things are getting interesting for CEO and company...... MAX