I have had RHY on my watchlist as if they can pull this off,before anyone else, the potential profits are enormous.
However I was a little concerned about the 4C in view of an interview TL did with Alan Kohler a day later. TL mentioned monthly cash spend is in the region of $200-250k per month and yet we have a 4C here saying the cash spend for this quarter will be $1.8M. What gives? I will stay on the sidelines for now with the escrow announcement not helping too. As far as I can see monthly share trades are about 2-3M so just under 10M of shares to be out of escrow is a sizeable amount
I have had RHY on my watchlist as if they can pull this...
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Add RHY (ASX) to my watchlist
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Last
9.7¢ |
Change
-0.033(25.4%) |
Mkt cap ! $15.41M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 12.0¢ | 9.7¢ | $114.8K | 1.082M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5500 | 9.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.0¢ | 164688 | 2 |
View Market Depth
| Last trade - 16.10pm 25/11/2024 (20 minute delay) ? |
| RHY (ASX) Chart |
