RNI shares rose 19% today because:
A. The EM Survey came in with spectacular Cu results.
B. Miles Kennedy has persuaded his new mates at Amphion to T/O RNI.
C.OZL has decided to increase its stake in RNI.
D. Haven't got a clue.
(All answers were drawn from today's posts)
I am leaning towards Answer C, and I quote Terry Burgess CEO OZ Minerals "We think there is significant opportunities for acquisitions, and we continue to believe that the risk profile of the Company would be improved by adding another operation or asset with good potential to become an operation."
I may well be wrong but would like to hear your comments.
multiple choice question
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0.5¢ |
Change
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Mkt cap ! $2.383M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.6¢ | 0.5¢ | $24.93K | 4.464M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 1659162 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 1473766 | 5 |
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