RHK 0.00% 78.0¢ red hawk mining limited

why only 27 cents close on friday???, page-16

  1. 44 Posts.
    lightbulb Created with Sketch. 48
    I consider that at 27 cents FMS is still a good buy.

    In 3 - 4 months shareholders will get at least 30 cents. No commission on sale if the takeover goes through. That is 11 percent for 4 months. Do this 3 times a year and you are making 33 percent per annum. Not many good value derisked investments in this market like it at the moment.

    Add to this the potential updside of a counter offer or two - makes FMS still a buy in my book. We shareholders know it is worth more and so do FMG and RIO.

    I consider that anyone with the cash should be snapping FMS up at the moment.

    DYOR

 
watchlist Created with Sketch. Add RHK (ASX) to my watchlist
(20min delay)
Last
78.0¢
Change
0.000(0.00%)
Mkt cap ! $155.8M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
2 10040 80.0¢
 

Sellers (Offers)

Price($) Vol. No.
85.0¢ 20000 2
View Market Depth
Last trade - 16.12pm 08/10/2024 (20 minute delay) ?
RHK (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.