Agree with all the comments about a disappointing strategy and comments by the new CEO. Saying that...neither the CEO or the company will be around by year end. The stock, compared to its global peers, is now absurdly cheap. There are just too many global e commerce platforms that would love to have RBL growth profile. Every tech banker would have RBL on its radar after todays debacle. Get ready to have a Foreign share trading account ready as i strongly feel RBL shareholders will own a new stock after RBL disappears from the ASX boards.
First time since IPO I have moved to Hold from buy..
TAKEOVER POSSIBILITY...HIGH
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Last
38.0¢ |
Change
-0.010(2.56%) |
Mkt cap ! $109.9M | |||
| Open | High | Low | Value | Volume |
| 39.0¢ | 39.5¢ | 38.0¢ | $8.542K | 21.91K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 4993 | 37.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 38.5¢ | 1200 | 1 |
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| Last trade - 14.52pm 07/08/2024 (20 minute delay) ? |
| ATG (ASX) Chart |