Hmmm be nice if RIO entered the equation but, KAH have pretty much accepted the deal, and media releases are stating what I have thought for a long time, that RIO will join up with the Chinese who inevitably will own the entire resource if KAH and EXT sell to them.
This will ultimately give RIO what they always wanted, to have the resource owned by one company (equals the merging of EXT and KAH) and just be the miner.
I would imagine that RIO's shares in the company will be dissolved on this announcement with some fantastic deal with the chinese for RIO to run the company.
We need someone else to come in and take this away from the chinese and RIO.
Now that would be the ultimate. We all know this is a ridiculous price, but to me, everyone seems to keep their jobs (as per the offer) so the only change is that the new owners, instead of being EXT will be the Chinese.
To me, from a shareholders perspective who has waited for a long time to be rewarded for my loyalty, I feel I am being shafted. Robbed of my investment, either via a better shareprice and the ability to sell them at a time and price I want and the lack of ability to be rewarded via future dividend payments.
This is not in the best interests of shareholders. This is in the best interests of the current workers, RIO Tinto and the Chinese. The Chinese will also now be in a position to rule the world uranium prices.
:(
Harlee
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Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $20.72M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 650000 | 0.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.0¢ | 6370837 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 650000 | 0.009 |
13 | 4567782 | 0.008 |
3 | 980000 | 0.007 |
5 | 1861000 | 0.006 |
2 | 1280000 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 6370837 | 8 |
0.011 | 1229441 | 6 |
0.012 | 635000 | 3 |
0.013 | 356300 | 3 |
0.014 | 1000000 | 1 |
Last trade - 09.59am 28/07/2025 (20 minute delay) ? |
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