Yes, bargain price is right. Did they want to set the price before any increases associated with taking the MoU to binding? Obviously I haven't seen the MoU but as it is non-binding, I would have thought the price for buy in would be non-binding too? Unless there was a benefit for RNU to stick to it...This suggests to me is a pathway to binding with milestones etc, if they are met then POSCO gets the good price and RNU gets the money. Just a guess, but... in six months say, why else would RNU say fine we'll accept an offer based upon the price 6 months ago? I would think this suggests a firmer agreement and a shorter timescale for agreement, depending on milestones.
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Yes, bargain price is right. Did they want to set the price...
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7.8¢ |
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Open | High | Low | Value | Volume |
7.8¢ | 7.9¢ | 7.7¢ | $230.9K | 2.957M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 599832 | 7.8¢ |
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Price($) | Vol. | No. |
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7.9¢ | 24293 | 1 |
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7 | 599832 | 0.078 |
24 | 1226607 | 0.077 |
13 | 633860 | 0.076 |
16 | 543805 | 0.075 |
8 | 690500 | 0.074 |
Price($) | Vol. | No. |
---|---|---|
0.079 | 24293 | 1 |
0.080 | 405395 | 5 |
0.081 | 103797 | 1 |
0.082 | 138004 | 2 |
0.083 | 368000 | 4 |
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