you missed it Bugsam..............liquidity is NOT value ie: SP
Liquidity is amount of shares in the market at BID and ASK.
RMS has crap all liquidity.
Its trade today would not even allow me alone to exit let alone 130 Mil NEW shares issued to old SPX holders.
total Vol traded is ...3.1 Mil so far today.
Most levels on the order book average 50,000 shares only. It would be very slow getting out for even 1/2 of us, take weeks.
Yak52
ps. IF I wanted to own RMS I would already have it in my portfolio so why would I like to get dumped with shares I don't want?
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Ann: RMS:Ramelius makes Recommended T/O Offer for Spectrum Metals, page-52
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Last
0.9¢ |
Change
-0.002(18.2%) |
Mkt cap ! $38.92M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.1¢ | 0.9¢ | $101.4K | 9.387M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 5355167 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 597838 | 2 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| SPX (ASX) Chart |