RHK 5.33% 80.0¢ red hawk mining limited

What if FMS bought back around 12mil shares for $2mil, at...

  1. 125 Posts.
    What if FMS bought back around 12mil shares for $2mil, at current market condition it will drive the SP up to around 15c mark giving options holders more reason to convert. They will be paying $2mil to get atleast 9 to 18 mil (25 to 50% option coverted).

    Is it feasible?

    Cheers
 
watchlist Created with Sketch. Add RHK (ASX) to my watchlist
(20min delay)
Last
80.0¢
Change
-0.045(5.33%)
Mkt cap ! $159.8M
Open High Low Value Volume
85.0¢ 85.0¢ 80.0¢ $809 1.01K

Buyers (Bids)

No. Vol. Price($)
2 4542 80.0¢
 

Sellers (Offers)

Price($) Vol. No.
84.0¢ 10587 1
View Market Depth
Last trade - 13.36pm 17/07/2024 (20 minute delay) ?
RHK (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.