RAS 0.00% 1.8¢ ragusa minerals ltd

Ann: Burracoppin Project Drill Results Confirm REE Discovery, page-22

  1. 13 Posts.
    lightbulb Created with Sketch. 2
    I mean.. they only had 2 weeks (really) to convert the options before they expire.


    Yes, it's possible you could twist this in to a conspiracy that they quickly bought 3mil @ 12c to sell for 15c and make a sweet 90k Christmas bonus.
    But that'd require liquidity for that amount - which looking at Commsec* would wipe every order there is down to about 2cents and more realistically net them a capital loss of about 50k. All whilst rendering their other shares worthless.

    Or maybe, just maybe, they realised that with recent developments it's worth converting their cut-price options for future holdings. But you pick which story suits you
 
watchlist Created with Sketch. Add RAS (ASX) to my watchlist
(20min delay)
Last
1.8¢
Change
0.000(0.00%)
Mkt cap ! $2.567M
Open High Low Value Volume
1.8¢ 1.8¢ 1.8¢ $1.637K 90.97K

Buyers (Bids)

No. Vol. Price($)
2 64470 1.7¢
 

Sellers (Offers)

Price($) Vol. No.
1.9¢ 25666 1
View Market Depth
Last trade - 13.17pm 17/06/2024 (20 minute delay) ?
RAS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.