Resource Capital Funds has sold Ausenco to US investment firms Eldridge,Brightstar,Capital Partners and Claude group.
Ausenco co-founder Zimi Meka, who also sits on the MinRes board, will remain Chief Executive, a board member and retain an ownership stake of Ausenco.
The transaction is expected to close in late 23, subject to satisfaction of customary closing conditions.
Ron Douglas is executive Vice President of Ausenco and is leading the engineering side of the Hillside project for Rxm.
The analogy I use for owning a share in Rxm is like having a thoroughbred race horse, we’ve paid for all the training fees ect, the bloody horse keeps on having setbacks, don’t know if it will end up as dog food or win the Melbourne cup
GLTAH gyp
Resource Capital Funds has sold Ausenco to US investment firms...
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Last
26.0¢ |
Change
0.005(1.96%) |
Mkt cap ! $199.6M | |||
| Open | High | Low | Value | Volume |
| 25.0¢ | 26.0¢ | 25.0¢ | $325.8K | 1.282M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 247630 | 25.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 26.0¢ | 230764 | 5 |
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| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
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Last
25.5¢ |
Change
0.005 ( 1.73 %) |
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| Open | High | Low | Volume | ||
| 25.5¢ | 26.0¢ | 25.0¢ | 553544 | ||
| Last updated 14.53pm 24/05/2024 ? | |||||
| RXM (ASX) Chart |