RB6 rubix resources limited

Tolga and DRG are the vendors, it means they are the ones...

  1. 3,392 Posts.
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    Tolga and DRG are the vendors, it means they are the ones selling the project or asset to Rubix Resources. In this case, the fact they're receiving the majority of their payment in Rubix's options, instead of cash, can still be seen as a good sign because;

    • Confidence in Future Growth: By accepting payment largely in the form of stock options, the vendors are indicating they believe in the long-term potential of Rubix Resources. They're confident that the company's shares will rise in value, making their options more valuable.

    • Long-term Involvement: By holding options, the vendors may remain financially invested in Rubix's success over the long term. This could suggest they might be available to support or consult on the project in the future, leveraging their knowledge and experience.

    • Cash Conservation: Just as when compensating employees, paying vendors with stock options can help a company like Rubix conserve cash. This might be particularly valuable if the company is in a growth or exploration phase where maintaining liquidity is important.

    Again, the potential downsides to consider include dilution of existing shareholders' equity if a large number of new shares are created when the options are exercised. DYOR
 
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(20min delay)
Last
9.7¢
Change
0.009(10.2%)
Mkt cap ! $5.960M
Open High Low Value Volume
8.9¢ 9.7¢ 8.9¢ $14.02K 155.9K

Buyers (Bids)

No. Vol. Price($)
1 139844 8.4¢
 

Sellers (Offers)

Price($) Vol. No.
9.9¢ 10000 1
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Last trade - 15.55pm 20/06/2025 (20 minute delay) ?
RB6 (ASX) Chart
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