It may not be RMS - we will not know until the substantial holder notice arrives which should be this week. At this stage whoever it is may just want a blocking stake in SPR to stop another miner doing a takeover. If it is RMS it is an unusual tactic for them but its possible they have other M&A on the boil. At the current POG RMS will have another $200m of cash in 4 months maybe even $700m!
The SP may fall but it will still be elevated while the possibility of TO is around even if its not for at least 4 months. Then there are other short term catalysts including updated MRE and maiden reserve in addition to drill results.
If its not RMS then the situation is a lot more intriguing!
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$1.97

It may not be RMS - we will not know until the substantial...
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Last
$1.97 |
Change
-0.025(1.25%) |
Mkt cap ! $2.524B |
Open | High | Low | Value | Volume |
$2.01 | $2.05 | $1.95 | $66.88M | 33.90M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 77974 | $1.96 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.98 | 85766 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3842 | 1.955 |
3 | 26184 | 1.950 |
1 | 388 | 1.930 |
4 | 3274 | 1.900 |
1 | 531 | 1.880 |
Price($) | Vol. | No. |
---|---|---|
1.980 | 23050 | 1 |
2.050 | 6500 | 1 |
2.100 | 33690 | 3 |
2.120 | 495 | 1 |
2.200 | 16922 | 4 |
Last trade - 16.10pm 27/06/2025 (20 minute delay) ? |
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PARADIGM BIOPHARMACEUTICALS LIMITED..
Paul Rennie, MD & Founder
Paul Rennie
MD & Founder
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