I wonder if any of the other Rossing shareholders would be tempted to join in a bidding war.
"Rio Tinto owns 69% of Rössing Uranium Limited, the Government of Iran owns 15%, the Industrial Development Corporation of South Africa owns 10%, the Namibian Government owns 3% but has 51% of the voting rights, and individual local shareholders own 3%. "
Is Rio's stake in EXT considered to be a 'new business oportunity'?
RIO TINTO RÖSSING URANIUM LIMITED REMAINS OPTMISTIC ABOUT THE
YEARS AHEAD
...All the measures that we have instituted are aimed at ensuring that the company is better positioned to capture new business opportunities necessary for sustained business operations under favourable market conditions....
http://www.rossing.com/bullet/bulletpress38.htm
takeover speculation, page-21
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Last
1.2¢ |
Change
0.001(9.09%) |
Mkt cap ! $17.69M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.2¢ | 1.1¢ | $43.95K | 3.752M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2565000 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 6944411 | 8 |
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| Last trade - 16.10pm 15/10/2024 (20 minute delay) ? |
| EXT (ASX) Chart |