Talking to Simon today at the Gold conference re RMS he came across that he really does not know what RMS’s real intentions are with their 18% SPR holding but he made it clear any bid would need to be on at least a 1-1 basis. He is clear that RMS has an unclear or less than rosy future production profile from their existing mines/resources.
Simon is also aware that SPR may end up in the ASX200 if its MC increases from $1.5b to circa $1.8b (my figure) which is possible in the next 6 months IMO. He explained the games that may be played to arbitrage the SPR SP to make a profit (Regal are good at this) - ie funds buying in before SP goes up anticipating the stocks entry into the ASX 200 then on entry to ASX 200 exiting the shares.
Being in the ASX 200 opens SPR up to a lot more investors.
- Forums
- ASX - By Stock
- SPR
- Chart
Chart, page-386
-
-
- There are more pages in this discussion • 107 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SPR (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.29 |
Change
-0.040(3.02%) |
Mkt cap ! $1.429B |
Open | High | Low | Value | Volume |
$1.34 | $1.36 | $1.28 | $6.872M | 5.293M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 54579 | $1.29 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.29 | 50000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 30000 | 1.330 |
1 | 349 | 1.320 |
4 | 3943 | 1.290 |
3 | 19126 | 1.285 |
4 | 86767 | 1.280 |
Price($) | Vol. | No. |
---|---|---|
1.160 | 14794 | 1 |
1.200 | 3000 | 1 |
1.225 | 17617 | 1 |
1.250 | 370 | 1 |
1.265 | 514 | 1 |
Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
Featured News
SPR (ASX) Chart |