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($) | Vol. | No. |
---|---|---|
4.9¢ | 230019 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 0.048 |
5 | 635648 | 0.047 |
5 | 473500 | 0.046 |
6 | 279244 | 0.045 |
3 | 370000 | 0.044 |
Price($) | Vol. | No. |
---|---|---|
0.049 | 195827 | 4 |
0.050 | 207304 | 5 |
0.051 | 222213 | 2 |
0.052 | 300000 | 1 |
0.053 | 300000 | 1 |
Last trade - 14.07pm 01/11/2024 (20 minute delay) ? |
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RTR (ASX) Chart |