I cannot believe what we are seeing here. I have finally got an understanding of how the LSE works - simple explanation is that CGNPC is using Deutsche Bank to 'short' KAH and as we have proved this week (thanks Harlee) the same is happening in Oz with EXT. I have no problems with hedging but this CGNPC activity is being done purely as a strategy to lower a share price and disadvantage holders of stock when an offer is made. And now the other age old tactic of leaking reports from CNGPC of lower offers being imminent (thanks Steve). What a load of Hogwash - SH's do not fall for this tactic. Rio is in overdrive devising a counter strategy - do you honestly think that they will allow CGNPC to steal this for less than even the most pessimistic of valuations.
What I am really waiting for is the next 'technical' announcement, the DFS and resource upgrade, this will put RS as the premium U asset discovered in recent history. As Mr Albenese said in the last Rio conference, wrt Uranium, "Watch this Space"
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Last
0.8¢ |
Change
-0.002(20.0%) |
Mkt cap ! $16.58M |
Open | High | Low | Value | Volume |
0.9¢ | 0.9¢ | 0.8¢ | $24.16K | 2.685M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 2745670 | 0.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.9¢ | 4498266 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 2745670 | 0.008 |
6 | 2508700 | 0.007 |
3 | 1350000 | 0.006 |
2 | 1280000 | 0.005 |
2 | 1498000 | 0.004 |
Price($) | Vol. | No. |
---|---|---|
0.009 | 4498266 | 2 |
0.010 | 2793222 | 3 |
0.011 | 4061924 | 8 |
0.012 | 1482124 | 5 |
0.013 | 314500 | 2 |
Last trade - 15.47pm 20/06/2025 (20 minute delay) ? |
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EXT (ASX) Chart |