RXL rox resources limited

Ann: Share Purchase Plan Closes, page-7

  1. 4,102 Posts.
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    Say a tier 1 gold co launched a TO for Rox for $50m which is a big premium. If successful the cost would be minus the cash Rox will have = about $35m to buy the company. Surely a bargain and good for shareholders with a low entry but leaving many of us underwater. Hopefully Hawkes Point, directors and a lot of retail holders would block it. But the scenario does show how cheap Rox is.
 
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Last
30.5¢
Change
-0.010(3.17%)
Mkt cap ! $227.7M
Open High Low Value Volume
31.5¢ 32.5¢ 30.5¢ $964.7K 3.024M

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No. Vol. Price($)
4 53309 30.5¢
 

Sellers (Offers)

Price($) Vol. No.
31.5¢ 33600 2
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