Legume, concur with you. Mt Magnet was on the market for a long time before Ramelius bought it.
I'm hoping a small, hungry outfit can make a profit out of the acquisition, but it's not as if they got the bargain of the century. A lot of other companies must have done the sums on Mt Magnet and walked away, so I don't think we can assume too much until further drilling can confirm an increase in reserves.
Hope springs eternal, so here's hoping.
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Last
$2.78 |
Change
0.120(4.51%) |
Mkt cap ! $3.222B | |||
| Open | High | Low | Value | Volume |
| $2.70 | $2.80 | $2.68 | $43.58M | 15.82M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 8763 | $2.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.78 | 1496 | 2 |
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| Last trade - 16.10pm 23/07/2025 (20 minute delay) ? |
| RMS (ASX) Chart |