The cynic in me asks who paid the $4.5 mil to Huon as compensation? Who else could it be? My take is that RIC took a $5.5 mil haircut on an original $17.5 mil commercial transaction and the rest is window dressing.
Admittedly, good for RIC to have it behind them.
HUO/RIC Settlement, page-9
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Last
$2.22 |
Change
0.040(1.83%) |
Mkt cap ! $701.1M | |||
| Open | High | Low | Value | Volume |
| $2.22 | $2.25 | $2.19 | $710.4K | 319.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1769 | $2.21 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.23 | 2657 | 1 |
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| Last trade - 16.10pm 08/08/2024 (20 minute delay) ? |
| RIC (ASX) Chart |