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RCR rincon resources limited

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There were reports RCR were peddling themselves to potential...

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07/08/18

12:44

Post #: 34772550
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Originally posted by sabine ↑

And further to this is the Sydney Metro contract https://www.sydneymetro.info/article/groups-shortlisted-two-major-sydney-metro-contracts
See also https://amp.copyright link/business...head-of-earnings-announcement-20180730-h13awg
“It teamed up with Downer EDI to bid for the design, construction and testing of the new Sydney Metro City and Southwest rail systems, and the companies have been short-listed along with two other consortiums. A contract is expected to be awarded laster this year.

.....which made me wander off in the direction of Downer which is not averse to the occasional hostile takeover ...
They have had a year to digest Spotless now ..https://www.copyright link/business...investors-accept-12b-takeover-20170718-gxd9pb
RCR market cap has been wound down to only $463 million ...
.........just some random thoughts whilst I fret about having added to my position here.
Cheers

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There were reports RCR were peddling themselves to potential suitors last year, when the SP was higher, so if the problem is only isolated to one project then maybe any interested party last year, who was not willing to pay the asking price, may re look at it now.

RCR Price at posting: $2.80 Sentiment: Hold Disclosure: Held
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(20min delay)
Last 1.6¢		Change 0.001(6.67%)		Mkt cap ! $4.680M

Open	High	Low	Value	Volume
1.6¢	1.6¢	1.6¢	$534	33.4K

Buyers (Bids)

No.	Vol.	Price($)
3	150030	1.5¢

Sellers (Offers)

Price($)	Vol.	No.
1.7¢	58480	2

View Market Depth

No.	Vol.	Price($)
3	150030	0.015
1	1071214	0.014
4	2461338	0.013
4	1770545	0.011
2	700000	0.010

Price($)	Vol.	No.
0.017	58480	2
0.018	836666	3
0.019	800000	1
0.020	270000	1
0.022	2500000	1

Last trade - 11.36am 25/07/2025 (20 minute delay)

RCR (ASX) Chart

There were reports RCR were peddling themselves to potential...

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There were reports RCR were peddling themselves to potential...

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