They need to get to 10% for a proper blocking stake. That will prevent compulsory aquisition by another party. It would not surprise me if they may be at 10%, obviously there are timeframes where RMS must call out they have a significant stake and changes to that stake.
Then again they may just sit on what they have for the moment until another party makes a move on Spartan.
Ann: Ramelius makes strategic investment in Spartan Resources, page-15
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Last
$2.05 |
Change
0.010(0.49%) |
Mkt cap ! $2.347B | |||
| Open | High | Low | Value | Volume |
| $2.08 | $2.11 | $2.04 | $6.948M | 3.355M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 12337 | $2.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.06 | 4000 | 1 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| RMS (ASX) Chart |