The cynic in me asks who paid the $4.5 mil to Huon as compensation? Who else could it be? My take is that RIC took a $5.5 mil haircut on an original $17.5 mil commercial transaction and the rest is window dressing.
Admittedly, good for RIC to have it behind them.
HUO/RIC Settlement, page-9
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Last
$2.70 |
Change
0.000(0.00%) |
Mkt cap ! $852.7M | |||
| Open | High | Low | Value | Volume |
| $2.67 | $2.71 | $2.66 | $821.6K | 306.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 787 | $2.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.72 | 1626 | 1 |
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| RIC (ASX) Chart |