True - they got an absolute bargain before everyone else was aware of the value of RS - but I still don't think that Rio would buy more at this higher price unless they were expecting to make a large profit.
Dattels was still buying (correct me if i'm wrong) at $8 I think and saying it was cheap.
You might be correct, the share price may wander down to $6 but bear in mind that there is only 15% of the shares left to trade on market. The top 20 shareholders would not sell for this price IMO as they are more aware of the true value of RS.
True - they got an absolute bargain before everyone else was...
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Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $18.65M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 0.9¢ | 0.8¢ | $4.687K | 524.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 441211 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 4762564 | 2 |
View Market Depth
| Last trade - 14.11pm 24/06/2025 (20 minute delay) ? |
| EXT (ASX) Chart |