To avoid a $40M break fee, (which WGX would pay, and effectively RMS pays if it successfully buys WGX) RMS has taken this action which has added $50M to WGX's market cap, and taken $180M off RMS market cap today.
$230M difference in valuations makes the $40M seem tiny!
Nice own goal RMS, what a F*up.
Ann: TOV:WGX Panel Receives Application, page-24
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Last
$2.19 |
Change
0.015(0.69%) |
Mkt cap ! $2.483B | |||
| Open | High | Low | Value | Volume |
| $2.17 | $2.20 | $2.14 | $3.650M | 1.685M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 44 | 150589 | $2.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.19 | 71560 | 21 |
View Market Depth
| Last trade - 12.54pm 06/09/2024 (20 minute delay) ? |
| RMS (ASX) Chart |