James I like your thinking outside the usual square. It certainly give RSL the opportunity to increase its holding as you have suggested. If RWL is in the game for the long haul as evidenced by the merger and their previous actions etc, then it would make sense to mop up shares from loose hands to assist the price. There have been a number of shares issued since July 17 Achievement of goals etc). These have all created overhang of supply to the market. Also have diluted the holdings of ALL existing shareholders.
Chart, page-2469
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Last
10.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $113.5M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.5¢ | 9.8¢ | $9.627K | 97.28K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 200000 | 9.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 205841 | 4 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| FLC (ASX) Chart |