To avoid a $40M break fee, (which WGX would pay, and effectively RMS pays if it successfully buys WGX) RMS has taken this action which has added $50M to WGX's market cap, and taken $180M off RMS market cap today.
$230M difference in valuations makes the $40M seem tiny!
Nice own goal RMS, what a F*up.
Ann: TOV:WGX Panel Receives Application, page-24
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Last
$2.03 |
Change
-0.100(4.69%) |
Mkt cap ! $2.367B | |||
| Open | High | Low | Value | Volume |
| $2.01 | $2.07 | $1.96 | $11.29M | 5.557M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 110172 | $2.02 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.05 | 27647 | 3 |
View Market Depth
| Last trade - 16.10pm 12/11/2024 (20 minute delay) ? |
| RMS (ASX) Chart |