It seems a bit underwhelming with current gold price and stated reserves. I wonder if cash and debt situation are forcing their arms. Even then, feels like an unforced error/poor negotiation. On the bright side, $50m should keep debt servicing afloat for awhile.
Ann: Sale of Ravenswood Gold Mine, page-11
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Last
53.3¢ |
Change
-0.013(2.29%) |
Mkt cap ! $1.117B | |||
| Open | High | Low | Value | Volume |
| 53.0¢ | 53.5¢ | 52.0¢ | $2.476M | 4.705M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 46 | 403242 | 53.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 53.5¢ | 404202 | 34 |
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| Last trade - 15.08pm 05/06/2024 (20 minute delay) ? |
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Last
53.3¢ |
Change
-0.013 ( 2.49 %) |
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| Open | High | Low | Volume | ||
| 53.0¢ | 53.5¢ | 52.0¢ | 3130286 | ||
| Last updated 15.27pm 05/06/2024 ? | |||||
| RSG (ASX) Chart |