Hi guys
for the company to go into a trading halt one needs to assume the impact will be material. These geotechnical issues hurt for 2 reasons , one it impacts production but it can result in additional value detraction either via lost reserves ( unminable) or cost to rectify. Mgx had a mine wall issue ( geotechnical ) and it cost 10s of millions to repair
I agree medium to long term it will be fine but very high probability of a decent sized fall when it reopens
Hi guys for the company to go into a trading halt one needs to...
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Last
$1.97 |
Change
0.045(2.34%) |
Mkt cap ! $1.484B | |||
| Open | High | Low | Value | Volume |
| $1.96 | $1.99 | $1.95 | $9.083M | 4.609M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 6961 | $1.96 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.97 | 80542 | 4 |
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| Last trade - 16.10pm 17/07/2024 (20 minute delay) ? |
| RRL (ASX) Chart |