RNX 0.00% 0.7¢ renegade exploration limited

If the recent, historic 'prescient trading' continues, one might...

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  1. 17,111 Posts.
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    If the recent, historic 'prescient trading' continues, one might expect that this guy's holding will be taken out with extreme prejudice well in advance of any price sensitive announcement to the ASX feed should anything significant be found in the Yandal, or any progress made to realize the $100m NPV asset value on the Yukon?

    Conversely if it does not... possibly still nothing significant found wrt the proposed geological model, so maybe no need to expect a significant discovery?

    This former largest shareholder has long been butting heads with management as seen in AGM votes in recent years and has been aggressively diluted with stock and options issued to all comers but him. If/once he is taken out, one might expect to see options being handed out to the new shareholders.
    Last edited by asteroider: 03/08/18
 
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