Spot on MOngy. The potential for an audacious low-ball TO bid is exactly what I've been concerned about - and have warned about - since joining the RXL forum. Imo that's what the ongoing SP manipulation to keep the SP reined in has been - and still is - all about. My assumption is that we may not hear the new results until the EOFY selloff season has ended. But IF they are as promising as hoped 53c would be WAY, WAY, WAY below an acceptable offer. And imo an offer that would be hard for management to justify accepting on behalf of its shareholders (Insto or otherwise). Very interesting times ahead.
Ann: Rox Shareholders Overwhelmingly Approve Youanmi Transaction, page-3
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Last
13.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $52.91M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 14.0¢ | 13.0¢ | $156.1K | 1.178M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 521631 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 7922 | 1 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| RXL (ASX) Chart |