I think you might be on the money here Kruiser. It is pretty easy for them to hold/push down the price to avoid any shareholders taking up the offer at 1.5c there by diluting their holdings. Will be easy for RCF or whoever, to push it back up after the fact.
Ann: Placement and Share Purchase Plan, page-85
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Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.175M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.5¢ | 0.4¢ | $10.92K | 2.48M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 37 | 19647419 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 14733139 | 12 |
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| Last trade - 10.09am 02/12/2024 (20 minute delay) ? |
| NAE (ASX) Chart |
