Why was Twiggy Forrest trying to buy gold mining shares ?
His attempt at buying 15% of Regis Resourses (RRL) failed however.
Even though his offer was 13.8% higher than market.
It shows that Twiggy expected good returns,he's a shrewd business man, and sees good value
It shows that Regis shareholders have faith in their company.
All good for EMR amidst this downturn. We may be dismayed at seeing our SP fall to $1-06 a close today, but gold will prevail.
Why Was Twiggy Trying to Buy Gold Shares.
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Last
$3.50 |
Change
0.010(0.29%) |
Mkt cap ! $2.293B | |||
| Open | High | Low | Value | Volume |
| $3.50 | $3.53 | $3.46 | $4.990M | 1.426M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 15177 | $3.49 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.50 | 359949 | 2 |
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| Last trade - 16.10pm 19/06/2024 (20 minute delay) ? |
| EMR (ASX) Chart |