Rosencrantz had done some "digging" into RMS's form in term of trading halt. Here is part of what he had written: "..please go to Ramelius ASX announcement of 2 December 2015 which followed the Tradfing Halt imposed on 30 November." Trading halt happened on a Monday (30th Nov) and re-opened on Wednesday(2nd Dec) with good report (some good discovery though not as comparable to Syme's Find and no translatable figure to real dollars) and yet RMS share price gapped from 17c to 21.5c (both closing prices). I am inclined to think that Mark is going through the same process, however this time with figures (life of mine/ore reserve) that can translate directly to real dollars and valuation of the company.
Ann: Trading Halt, page-71
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Last
$2.05 |
Change
0.010(0.49%) |
Mkt cap ! $2.347B | |||
| Open | High | Low | Value | Volume |
| $2.08 | $2.11 | $2.04 | $6.948M | 3.355M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 12337 | $2.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.06 | 4000 | 1 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| RMS (ASX) Chart |