My take on all this (and I could be completely wrong here) is that the stock is being sold off to b*ggery prior to US listing. This means that the instos and big players get to buy more shares for their investing dollars.
Big question is: who is doing the selling?
Does Ivanhoe want out now? (I would have thought it strange but maybe they want to put the cash elsewhere.)
I suggest all this as an alternative to the “there’s something gone badly wrong at the plant and they haven’t told us yet” theory.
God forbid.
Renergen General Discussion, page-1463
Add RLT (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
82.0¢ |
Change
-0.015(1.80%) |
Mkt cap ! $24.86M | |||
| Open | High | Low | Value | Volume |
| 84.0¢ | 84.0¢ | 80.5¢ | $8.927K | 10.80K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3999 | 82.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 89.0¢ | 36659 | 1 |
View Market Depth
| Last trade - 16.10pm 29/05/2024 (20 minute delay) ? |
|
|||||
|
Last
84.5¢ |
Change
-0.015 ( 2.87 %) |
||||
| Open | High | Low | Volume | ||
| 83.5¢ | 84.5¢ | 83.0¢ | 4264 | ||
| Last updated 13.43pm 29/05/2024 ? | |||||
| RLT (ASX) Chart |