Just a thought, but what are GNM going to do with the A$50m they just raised and announced to ASX today? Is it a slight possibility that they will now make a proper bid for REY and make it a slam-dunk bid effort with a cash and equity offer. If they were to make it half cash and half GNM shares they would still be buying a very very cheap asset (I think so anyway). I do not even think that would be enough but this may then bring out other bids and away we go. Maybe, maybe not!
Just speculating on possible scenarios here. I have been very wrong before so do your own research and make your own decisions.
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Last
3.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.346M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 494166 | 2.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.9¢ | 30000 | 1 |
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| Last trade - 10.15am 18/07/2025 (20 minute delay) ? |
| REY (ASX) Chart |
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