- Filing date: 24 Mar 2026
- Price at last close: $1.79
- Lower limit price: $3.00
- Upper limit price: $3.00
- Maximum profit: $119.79
- Expiration date: 23 Apr 2026
- Filing: Link
Small market cap and high offer premium to the pre announcement price often signals higher risk to the offer going through, but as RBNEs share price has come down and the offer nears expiry risk/reward is improving.
There is elevated risk the company could amend or terminate the offer citing the conflict in Iran per offer conditions (section 6 in filing). Investors should ensure they are comfortable with these risks when deciding whether to participate.
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