Directors topped up at 6c at a very decent discount for a total of $550k which resulted in an instant, unrealised profit of approx. $250k between them (depending on when you want to compare their purchase price to a potential sell price which could be more like $500k profit among them if you look at the recent 11c high).
So, it was OBVIOUS that they were gonna throw some money into a 708 privilege money pot because it was a RISK-FREE bet.
Wouldn't you have bought a $50-250k parcel at 6 c, given where the SP was when the CR was announced?
I would have loved to see some on-the-market commitment (buy $550k at the market price) by the BOD, not with a 45% discount, to get as excited as you did, mate.
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TKM
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7.9¢

Directors topped up at 6c at a very decent discount for a total...
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Last
7.9¢ |
Change
0.004(5.33%) |
Mkt cap ! $46.35M |
Open | High | Low | Value | Volume |
7.5¢ | 7.9¢ | 7.1¢ | $39.26K | 514.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 7.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.9¢ | 148484 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 0.073 |
3 | 208616 | 0.071 |
1 | 1500 | 0.070 |
2 | 29000 | 0.069 |
2 | 214925 | 0.067 |
Price($) | Vol. | No. |
---|---|---|
0.079 | 148484 | 3 |
0.080 | 120000 | 2 |
0.100 | 404521 | 2 |
0.105 | 244533 | 3 |
0.110 | 100400 | 2 |
Last trade - 16.10pm 17/06/2025 (20 minute delay) ? |
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RC1
REDCASTLE RESOURCES LIMITED
Ronald Miller, Non-Executive Director
Ronald Miller
Non-Executive Director
SPONSORED BY The Market Online