SPX under TO offer and so will RXL if Grace pans out.
The deal for SPX is 52% to last closing price
TO co Ramelius is acquiring high-quality assets within a radius of existing production hubs that facilitate mining and ore haulage with low capex.
That is also Younami.
The TO offer is taking advantage of SPXs depressed SP due to the court case.
Do we now know RXLs SP has been far too low for its discoveries and potential?
Yes imo!
Very likely that RXL will get a TO bid soon
TO offer to our neighbour
Add RXL (ASX) to my watchlist
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Last
20.0¢ |
Change
-0.030(13.0%) |
Mkt cap ! $73.87M | |||
| Open | High | Low | Value | Volume |
| 22.0¢ | 22.0¢ | 20.0¢ | $135.0K | 649.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 246949 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.5¢ | 35000 | 1 |
View Market Depth
| Last trade - 16.10pm 16/04/2024 (20 minute delay) ? |
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Last
20.5¢ |
Change
-0.030 ( 6.82 %) |
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| Open | High | Low | Volume | ||
| 21.0¢ | 21.5¢ | 20.0¢ | 224965 | ||
| Last updated 15.38pm 16/04/2024 ? | |||||
| RXL (ASX) Chart |