Good work WT. “Pleasedon't get panick by the people that exited.” I agree. The most important point is whether RG crawls up to 90%, which would enable Compulsory Acquisition. If he does, it’s all over. If he doesn’t, as I hope, then the secondary question of his threatened delisting can’t happen for at least 12 months. Also, your analysis of the holdings, and confirmation by the IBC, shows that there are at least 10 times the minimum number of eligible holders required to prevent desisting. The urgent focus must be on how close he gets to 90%. Even though some of the nominee account movements in the register are opaque, we have the great advantage that the law requires disclosure immediately RG moves by 1% (3.5m shares); even better the ASX requires a 3Y within 5 Business Days of any change in RG’s interests, even if it’s only 1 share. The most useful tool is to watch the 3Ys. I hope they continue to move very slowly, and he gives up..
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Last
78.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $268.5M |
Open | High | Low | Value | Volume |
78.5¢ | 78.5¢ | 78.0¢ | $253 | 323 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 9805 | 78.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
81.5¢ | 80 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 9805 | 0.780 |
1 | 10000 | 0.765 |
1 | 6266 | 0.750 |
1 | 2200 | 0.700 |
1 | 18888 | 0.685 |
Price($) | Vol. | No. |
---|---|---|
0.815 | 80 | 1 |
0.825 | 280 | 1 |
0.835 | 7860 | 1 |
0.840 | 24988 | 1 |
0.845 | 7708 | 2 |
Last trade - 16.10pm 27/08/2024 (20 minute delay) ? |
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