Yes, its a great sign. They are the oldest listed company in Australia and are known for their very conservative investment style. They are not traders and hold for the long term. Their current market cap is approx. $4 billion.
With nearly 21 million shares the only way they can get out is through a takeover which is on the cards if our market cap stays down here. The hedge funds that own all the surrounding areas must be salivating over RTD particularly if the seismic comes up trumps and our sp doesn't respond accordingly.
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Last
1.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $26.85M | |||
| Open | High | Low | Value | Volume |
| 1.5¢ | 1.5¢ | 1.4¢ | $67.98K | 4.716M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 841707 | 1.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 2395569 | 1 |
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| Last trade - 16.10pm 28/11/2024 (20 minute delay) ? |
| PGY (ASX) Chart |
