The market seems to like potash but doesn't want to touch RWD.
RWD has the best potash portfolio on the ASX.
Holding RWD is risky but I think the upside could be huge.
Top 50 holding 72%. Once it moves new buyers will be paying much more. However if I was looking to buy now I think it would be much safer to pay twice as much knowing an agreement is in place.
Also exiting a position is not easy at the moment.
It won't be long before buying RWD gets you leveraged RUM exposure.
I don't mind MRs style. Moora aside there is no BS. His interests are aligned with ours. He is running a lean operation and is not taking the piss with employee options etc.
After LD I personally wouldn't be announcing anything until a watertight deal was done.
Cheers
peer comparisons.. starting to look very cheap, page-22
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Last
4.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.114M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50000 | 3.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.0¢ | 63016 | 1 |
View Market Depth
| Last trade - 16.12pm 16/08/2024 (20 minute delay) ? |
| RWD (ASX) Chart |
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