I dont get it. The premise of selling Reward is to monetise its value, management say Reward is nothing in share price. So now they have a deal equal to RXL market cap and no increase to share price. (OK $0.001!) Seems like the market is valuing the deal at near zero. That's a lot of uncertainty and time value.
Ann: Rox Rewarded with up to $20.6 Million for Zinc Project Sale,MZN-RXL.AX, page-17
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Last
14.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $57.21M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 14.5¢ | 14.0¢ | $42.44K | 300.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 113832 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.5¢ | 224599 | 2 |
View Market Depth
| Last trade - 16.10pm 20/08/2024 (20 minute delay) ? |
| RXL (ASX) Chart |