Agree. NOV will be making a bid to own RKN when they can afford to. A lot harder now, however Nov will pick up a healthy dividend from the sale.
It is an unknown as to how much the special dividend will be however Nov own 23% so they will collect a healthy special dividend potentially north of $10m.
As for RKN, exceptional day. Fancy divesting part of your business for 100% of your market cap! Market israrely wrong for long, and loving its correction of market cap today
Agree. NOV will be making a bid to own RKN when they can afford...
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Last
54.5¢ |
Change
0.010(1.87%) |
Mkt cap ! $61.17M | |||
| Open | High | Low | Value | Volume |
| 54.0¢ | 54.5¢ | 54.0¢ | $710 | 1.314K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 17418 | 54.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 54.5¢ | 3996 | 1 |
View Market Depth
| Last trade - 14.32pm 03/05/2024 (20 minute delay) ? |
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Last
54.0¢ |
Change
0.010 ( 0.93 %) |
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| Open | High | Low | Volume | ||
| 54.0¢ | 54.0¢ | 54.0¢ | 3090 | ||
| Last updated 13.37pm 03/05/2024 ? | |||||
| RKN (ASX) Chart |