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
$1.76 |
Change
-0.005(0.28%) |
Mkt cap ! $1.325B | |||
| Open | High | Low | Value | Volume |
| $1.78 | $1.79 | $1.75 | $4.830M | 2.742M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 71476 | $1.76 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.76 | 1005 | 2 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| RRL (ASX) Chart |