RTR 14.3% 4.8¢ rumble resources limited

A lot of small(ish), new tech companies look at listing via a...

  1. 1,334 Posts.
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    A lot of small(ish), new tech companies look at listing via a zombie or shell junior mining stock rather than use the traditional and more expensive IPO. If your're holding a zombie junior -- and RTR may or may not be in this category or heading towards it -- that is worth next to nothing you can suddenly find yourself owning a tech business instead at some point. Have a look at Radar Iron (RAD) as an example where Israeli tech company Weebit is going to list via a back-door on the ASX in April. Weebit has high hopes for the NASDAQ one day, and this reverse take-over of RAD is step on this path. RTR is attractive to tech companies wanting a listing as the company has no debt and a small number of shares on issue. The ASX is attractive for overseas tech companies as there's only one board and regulations are also attractive. Disclosure - I also hold RAD, so this may be, at least in some small part, a ramp.
 
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Last
4.8¢
Change
-0.008(14.3%)
Mkt cap ! $37.50M
Open High Low Value Volume
5.1¢ 5.1¢ 4.8¢ $192.6K 3.908M

Buyers (Bids)

No. Vol. Price($)
5 635648 4.7¢
 

Sellers (Offers)

Price($) Vol. No.
4.9¢ 230019 4
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Last trade - 14.07pm 01/11/2024 (20 minute delay) ?
RTR (ASX) Chart
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