As I speculated, a capital raising probably for London investors shortly after listing for an acquisition - might be one of their current investments such as Orca Gold that has an emerging gold mine in Sudan.
RSG currently way over-valued IMO so Orca Gold(or whoever) shareholders won't be getting good value if they accept consideration in part cash & part RSG shares.
Ann: Trading Halt, page-8
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Last
77.5¢ |
Change
0.015(1.97%) |
Mkt cap ! $1.650B | |||
| Open | High | Low | Value | Volume |
| 77.0¢ | 77.5¢ | 74.3¢ | $11.82M | 15.50M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 36910 | 76.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 77.5¢ | 416947 | 3 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| RSG (ASX) Chart |