RHK
Click for more information
5.41% 78.0¢ red hawk mining limited

Of course it would ... the sale would bring money in to the...

  1. Hussy
    2,078 Posts.
    lightbulb Created with Sketch. 147
    clock Created with Sketch.
    10/05/15
    15:08
    Post #: 15250516
    Of course it would ... the sale would bring money in to the company ... which in turn would impact it's MC/SP.

    If word got out that a sale was on the cards, for a hypothetical amount of $20m in cash, the SP/MC would rise, which in turns leads to an uninformed market i.e. not efficient.

    A lot of things need trading halts per ASX rules ... it's then something else to actually implement them correctly so that all people, not just those with deep pockets, benefit.
    FMS Price at posting: 1.5¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

TG6 TG Metals reports high grade lithium hits approaching 3% at Jaegermeister
right-arrow Created with Sketch.
QBE QBE records share price plunge despite doubling profits in the first half of 2024
right-arrow Created with Sketch.
NEWS Dale Gillham's weekly wrap: picking resilient stocks in a volatile global market
right-arrow Created with Sketch.
NEWS Bitcoin: Current State of Play & Where to Next | Swyftx
right-arrow Created with Sketch.
NEU Neuren Pharmaceuticals dips after pediatric Angelman Syndrome Phase 2 trial results fail to impress
right-arrow Created with Sketch.
RLT South Africa-based Renergen brings liquid helium facility online
right-arrow Created with Sketch.
watchlist Created with Sketch. Add RHK (ASX) to my watchlist
(20min delay)
Last
78.0¢ 		Change
0.040(5.41%) 		Mkt cap ! $155.8M
Open High Low Value Volume
78.5¢ 78.5¢ 78.0¢ $1.272K 1.63K

Buyers (Bids)

No. Vol. Price($)
2 5832 74.0¢
 

Sellers (Offers)

Price($) Vol. No.
79.0¢ 551 1
View Market Depth
Last trade - 16.10pm 09/08/2024 (20 minute delay) ?
RHK (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.