With the rmxo coming near expiry, they'll be doing their best, in my opinion, to provide eveything to the market to give it a chance to be exercised.
RMX will need to be well north of 1.5c for there not to be games played for 2 potential reasons:
1. Key shareholders may not want the extra dilution and do what they can to prevent it.
2. Key shareholders OR potential key shareholders may see this as a good opportunity to pick up millions and millions of shares by subduing the shareprice and making options worthless then underwriting them (or taking them cheaply of holders hands).
Seen both of these scenarios many times before. Interesting couple of months ahead. Me I'd prefer to see this rocket from here, the last few months have been very trying.
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Last
1.0¢ |
Change
-0.003(23.1%) |
Mkt cap ! $3.873M |
Open | High | Low | Value | Volume |
1.2¢ | 1.2¢ | 1.0¢ | $16.39K | 1.494M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 288999 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.1¢ | 406969 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 278999 | 0.010 |
6 | 1126554 | 0.009 |
22 | 5057774 | 0.008 |
12 | 3435124 | 0.007 |
7 | 2865690 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.011 | 406969 | 3 |
0.012 | 576094 | 3 |
0.013 | 700038 | 3 |
0.014 | 518691 | 3 |
0.015 | 1294609 | 5 |
Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
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RMX (ASX) Chart |