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RWD - A Billion Dollar company?, page-43

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manassa

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04/01/24

06:36

Post #: 71717664
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Originally posted by Peachydayz: ↑

A bit hard to read really as to what goes on, only around 5m shares traded since announcement in early December. Not a rush to climb in or a rush to get out.
Take out say 40% held by MR and that leaves roughly 120m shares in play.
Take out roughly 60% for top 10 shareholders and that leaves roughly 80m shares in play. 5m/80m is 6.25% of shares turning over in the last month, bit of a nothing number. Perhaps the selling is motivated by a mix of wanting to exit and or partial sell down in holdings to take up the entitlement.
Agree holders would love share price to be at a higher level heading into the cap raise, ain’t that always the case. If they successfully implement the RWD process then we’ll be cursing we didn’t pick up more at these levels. This is really high stakes time for shareholders. If the process works then we’re sitting pretty with a fully developed mine site and closer to production than under pretty much any other scenario. Surely at that point we’d be in the realms of debt funding for the future production ramp up and not needing to issue more shares, also assuming all options would be in the money.
In for a penny in for a pound - I’m in for the full whack.
Glad though to be not relying on this decision to fund my retirement, it is very high risk at this end of the market.
Happy days

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Like you Peachy I’m in for the full whack - a substantial commitment given my holding that I’ve accumulated over many years but I’m not keen on being diluted now especially as the company is on the verge of some huge growth potential once their tech is proven at scale.
it’s the best news we’ve had from RWD ever and I’m also just wondering at what stage will companies come knocking on RWD’s door about their Tech….Will deals be forth coming before or after the tech is proven as I imagine there would be a cost differential .

RWD Price at posting: 5.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 5.9¢		Change 0.000(0.00%)		Mkt cap ! $13.44M

Open	High	Low	Value	Volume
5.9¢	5.9¢	5.8¢	$3.305K	56.17K

Buyers (Bids)

No.	Vol.	Price($)
1	10000	5.7¢

Sellers (Offers)

Price($)	Vol.	No.
6.2¢	91525	1

View Market Depth

No.	Vol.	Price($)
1	10000	0.057
1	8895	0.055
1	77431	0.034
1	38720	0.025
1	78714	0.023

Price($)	Vol.	No.
0.062	91525	1
0.065	50000	1
0.069	10000	1
0.070	34351	1
0.075	35000	1

Last trade - 15.55pm 26/07/2024 (20 minute delay)

RWD (ASX) Chart

RWD - A Billion Dollar company?, page-43

Nine's staff strike as Paris Olympic coverage begins

Tissue Repairs soars nearly 32% on TGA approval for wound healing gel

MinRes jumps 5% as the company meets production guidance – depressed iron ore prices be damned

Nova locks in NASDAQ US market listing at a value of only US$3.3M as ASX gets quieter and quieter

Horizon firms up ore reserve for Boorara ahead of FY25 Q1 development decision

Capital raisings wrap: Brainchip, Ovanti, Lake and VHM

IGO kicks off earn-in copper drilling on-site Encounter's Yeneena play as it adopts new identity

ASX Market Open: ASX200 to rise for Friday session | July 26

Red Hawk upgrades Blacksmith with DSO mineral resource at the Eagle Deposit

Monadelphous inks $200M contract with Woodside to help build Pluto LNG – but will it make Scarborough cheaper?

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RWD - A Billion Dollar company?, page-43

Top Stories

Nine's staff strike as Paris Olympic coverage begins

Tissue Repairs soars nearly 32% on TGA approval for wound healing gel

MinRes jumps 5% as the company meets production guidance – depressed iron ore prices be damned

Nova locks in NASDAQ US market listing at a value of only US$3.3M as ASX gets quieter and quieter

Horizon firms up ore reserve for Boorara ahead of FY25 Q1 development decision

Capital raisings wrap: Brainchip, Ovanti, Lake and VHM

IGO kicks off earn-in copper drilling on-site Encounter's Yeneena play as it adopts new identity

ASX Market Open: ASX200 to rise for Friday session | July 26

Red Hawk upgrades Blacksmith with DSO mineral resource at the Eagle Deposit

Monadelphous inks $200M contract with Woodside to help build Pluto LNG – but will it make Scarborough cheaper?

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News