One thing is a definite in my opinion and that is the stupidity of really pushing up the price of a potential takeover target by buying 6% of their shares on market.
Then having to declare their holding to satisfy ASIC regulations so everyone knows about it.
Sounds like its a smokescreen to me and the focus will be on another target.
If it is DRM however its a dumb strategy and I certainly don't consider the RMS board as dumb.
Will be interesting.
capital raising ?, page-59
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Last
$2.28 |
Change
0.140(6.54%) |
Mkt cap ! $2.617B | |||
| Open | High | Low | Value | Volume |
| $2.24 | $2.30 | $2.18 | $24.38M | 10.82M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 48057 | $2.28 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.29 | 5243 | 3 |
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| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| RMS (ASX) Chart |