Teddy,
I have just realised that I incorrectly read your post, you are asking why won't RIO pay more?
Well I guess my answer is they won't have to. If you can get some of the people to sell at $1 then it won't be hard to get a bunch of others to sell for $5. The ones holding out may cost you more, maybe $10, but everyone will have a price.
Much as I would love to see $100 I think most holders will have breaking point somewhat less than that.
Happy to be proven wrong on this one.
change in substantial holdings rio top up, page-19
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Mkt cap ! $20.23M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 908181 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 11386226 | 3 |
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