Genuine question.
When the bloodletting from the CR for the absurd price paid for a 30% stake in Tropicana subsides, & the share price of RRL is in the gutter, & the new shares have been issued, could the result be that RRL becomes vulnerable to a takeover ?
How about an EVN/RRL merger and purchase of the remaining stake in Tropicana ?
Wouldn’t be the first time EVN goes out on a limb...
Im trying to find a reason to hold.. LOL
Will Tropicana make RRL a TO target ?
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Last
$1.60 |
Change
0.040(2.57%) |
Mkt cap ! $1.204B | |||
| Open | High | Low | Value | Volume |
| $1.60 | $1.61 | $1.58 | $3.898M | 2.444M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 6378 | $1.60 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.60 | 57378 | 7 |
View Market Depth
| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| RRL (ASX) Chart |