Not sure either. But they have over $130m down from $190m due to the takeover of Impress Energy (cost around $75m).
They are probably trying get more cash to takeover more targets like maybe ADE.
Look on the bright after selling 6m shares. They still have about 11.5m RMS shares.
are beach short on cash?, page-3
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Last
$2.03 |
Change
0.000(0.00%) |
Mkt cap ! $2.344B | |||
| Open | High | Low | Value | Volume |
| $2.03 | $2.05 | $2.01 | $7.459M | 3.679M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2500 | $2.02 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.03 | 127363 | 7 |
View Market Depth
| Last trade - 16.10pm 13/11/2024 (20 minute delay) ? |
| RMS (ASX) Chart |