SPX 14.3% 0.6¢ spenda limited

Interesting..So RMS shares go down. The value isn't worth what...

  1. 429 Posts.
    lightbulb Created with Sketch. 71
    Interesting..
    So RMS shares go down. The value isn't worth what it is previously at the time of offer. There is more sell-off with SPX, possibly at a cheaper rate.
    New holders acquire more SPX shares or RMS shares.
    RMS SP moves up after the T/O..

    I'm learning every day!

    Alternative Theory:
    Potential Competitor/Bidder shorting RMS stocks to make the offer less attractive so their deal looks more attractive.

    Gold is still bullish and probably will be for a while with coronavirus at play.
 
watchlist Created with Sketch. Add SPX (ASX) to my watchlist
(20min delay)
Last
0.6¢
Change
-0.001(14.3%)
Mkt cap ! $25.94M
Open High Low Value Volume
0.6¢ 0.6¢ 0.6¢ $900 149.9K

Buyers (Bids)

No. Vol. Price($)
33 19639305 0.6¢
 

Sellers (Offers)

Price($) Vol. No.
0.7¢ 4155224 16
View Market Depth
Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
SPX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.