I wonder whether Twiggy might come back for a bite or whether he has walked away for good for a large slice, probably the latter. IMO I think that RRL will be involved in the next round of M&A, likely as prey as they seem fixated on McPhilly's which I think is a pipe dream because to build a mill and develop in this environment is going to cost a fortune. They would be better off buying another cheap miner and there are plenty about at the moment. This would create instant cashflow and not having to wait years to build infrastructure before income comes rolling in. GMD are trying to eat up SBM and at half the valuation watch out RRL a junior may come for you, strike first and sell of McPhilly's!
Andrew forrest, page-88
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Last
$2.45 |
Change
-0.010(0.41%) |
Mkt cap ! $1.850B | |||
| Open | High | Low | Value | Volume |
| $2.44 | $2.46 | $2.42 | $12.66M | 5.180M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 33 | $2.45 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.46 | 53999 | 7 |
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| Last trade - 16.10pm 13/11/2024 (20 minute delay) ? |
| RRL (ASX) Chart |