I personally don't think that RIO can afford to take over EXT as it's way out of their league.
For RIO to take over EXT they would have to do yet another capital raising which would need shareholder approval. RIO are debt ridden and until recently were basically bankrupt as they had almost the same amount of debt as equity.
I wouldn't rule out a joint venture take over between RIO and another party though as that would make it affordable but then who knows???
I personally don't think that RIO can afford to take over EXT as...
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Last
1.0¢ |
Change
0.001(11.1%) |
Mkt cap ! $20.72M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 1.0¢ | 0.8¢ | $31.15K | 3.390M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1600000 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 1109800 | 3 |
View Market Depth
| Last trade - 15.23pm 27/06/2025 (20 minute delay) ? |
| EXT (ASX) Chart |