where to from here??
Hello all long term reward holders, with a world class resource now proven where do we see our selves 12 months from now? My speculation is that we will be rolling in cash from a major take over. Major companies such as RIO, BHP, etc have an aversion to risk and are generally happy to pay a premium when a resource is proven and ready for production. Can rwd satisfy these needs in less than 12 months maybe but I doubt it. Will they see what a pearl this resource is and what a great fit it would be to there current iron ore operations? Logic would say yes but as we all know logic is not always a board room strength of major international companies. Still it is fun to speculate and star gaze to what the future holds for rwd.
My dream is a cash take over at $ 5 to $10 per share this would be life changing for me and I imagine for most long term holders. Let's live the dream!!!
Cheers NS
Dyor
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RWD
reward minerals ltd
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Last
4.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $10.88M |
Open | High | Low | Value | Volume |
4.0¢ | 4.0¢ | 4.0¢ | $3.424K | 85.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 40000 | 3.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.6¢ | 185900 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 40000 | 0.038 |
1 | 50000 | 0.036 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.046 | 185900 | 1 |
0.059 | 50000 | 1 |
0.062 | 29286 | 1 |
0.065 | 22000 | 1 |
0.000 | 0 | 0 |
Last trade - 14.12pm 17/09/2025 (20 minute delay) ? |
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RWD (ASX) Chart |