RR1 would have been paid something for the shares as Reecycle paid $3,181,563.25 to all the shareholders. If you divide $3,181,563.25 by the total shares of 124,777,776 shares (yikes!) you get $00.026 per share. RR1 paid $1.8million for 166,667 shares in March 2022.
166,667 shares at $00.026 equals $4,249.64.
So, if my numbers are correct, going off official ASIC documents, then RR1 made a loss of $1,795,750 of Shareholder money. (Assuming there is no other deal that we have no info on, and under continuous disclosure rules, we blxxdy well should.)
RR1 would have been paid something for the shares as Reecycle...
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1.1¢ |
Change
-0.001(8.33%) |
Mkt cap ! $9.618M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.2¢ | 1.1¢ | $18.98K | 1.606M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 2189127 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 2846500 | 1 |
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| RR1 (ASX) Chart |