A good move, and removes one obstacle to any potential takeover.
Next step is to merge with their JV partner to consolidate ownership of their attractive gold interests.
But it sounds like they couldn’t find a buyer for these non-core assets, hence the move to demerger them.
Ann: Rox to Demerge Nickel and Base Metal Assets, page-4
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Last
14.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $59.02M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 14.5¢ | 14.0¢ | $22.17K | 153.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 279788 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.5¢ | 173670 | 4 |
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| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
14.5¢ |
Change
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| Open | High | Low | Volume | ||
| 14.5¢ | 14.5¢ | 14.0¢ | 99394 | ||
| Last updated 15.57pm 14/06/2024 ? | |||||
| RXL (ASX) Chart |