It won't be a merger of equals - it will be stolen by a Macquarie advised predator of dubious character. Then Macquarie will raise a bucketload of fresh equity for the acquirer and dilute the shit out of those poor saps.
Quite a logical business model for Macquarie but won't do investors in RRL much good.
I would not touch it with a barge pole!!
DDD
M&A, page-2
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Last
$1.77 |
Change
0.035(2.02%) |
Mkt cap ! $1.337B | |||
| Open | High | Low | Value | Volume |
| $1.70 | $1.77 | $1.70 | $10.34M | 5.930M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 20000 | $1.76 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.77 | 33162 | 2 |
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| RRL (ASX) Chart |