A takeover or the purchase of the asset is my personal future biggest concerns when hitting the sell button. I think that after the sale is completed and with a positive JORC and drilling results (good grades deeper than 20m plus good grade for the 5 holes on other licenses that have never been drilled) the stock could be a potential 20 – 30 cent range. Would be a good opportunity to sell but I wouldn’t be surprised if a $$$$$$ offer is made for the resource. The USA are very keen to find RRE outside of China who currently control the market.
Plus, further acquisitions are on the cards….
But for me 20 – 30 cents is good, I would rather enjoy a new caravan and a 300series now vs a Ferrari later.
TAKEOVER, page-17
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Last
18.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $358.2M | |||
| Open | High | Low | Value | Volume |
| 18.0¢ | 18.5¢ | 18.0¢ | $159.0K | 875.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 43 | 5029770 | 18.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.5¢ | 966677 | 30 |
View Market Depth
| Last trade - 11.22am 07/06/2024 (20 minute delay) ? |
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Last
18.3¢ |
Change
0.000 ( 1.14 %) |
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| Open | High | Low | Volume | ||
| 18.3¢ | 18.3¢ | 18.0¢ | 364617 | ||
| Last updated 11.44am 07/06/2024 ? | |||||
| MEI (ASX) Chart |