Hi all
Dont post often, but have been a holder for a long time.
Caught of guard with this ANN regarding the CR.
Dont think they need the cash just yet.
$5.6M as at 31-Dec-2021 - source ANN 15/02/2022, Investor Presentation, page 5
Someone clearly wants in at the cheap price. There are posts every day about how 'under valued' ROX is.
A big fish has done the math is taking advantage of the cheap price.
Usually CR are can be bad news - but, will see who is actually buying. Only facts so far are:
1. ROX dont need the money (yet) but perhaps been offered a large sum
2. CR not for retail - only Institutional (maybe they'll throw us something)
Any estimates for what is being offered. I'll go with $6M - 15M shares at 40c (9.5% discount, to 5 day VWAP)
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Last
12.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $51.32M |
Open | High | Low | Value | Volume |
13.0¢ | 13.3¢ | 12.5¢ | $162.7K | 1.252M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 265704 | 12.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
13.0¢ | 292348 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 254104 | 0.125 |
8 | 191027 | 0.120 |
3 | 158750 | 0.115 |
3 | 28189 | 0.110 |
6 | 162356 | 0.105 |
Price($) | Vol. | No. |
---|---|---|
0.130 | 250000 | 1 |
0.135 | 335386 | 4 |
0.140 | 328044 | 8 |
0.145 | 479895 | 6 |
0.150 | 244411 | 5 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
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