Hi Nordesmic,
Always good when management/ directors interests align with shareholders.
From yesterday's announcement and the 30/6/14 report:
Schroder Investments 5.31%
Mangement & Directors 8.65%
Newmont 19.45%
Total 33.41%
With 10.24% short positions from the total shares on issue if we assume the above won't be sellers then that would take short positions to 15.3% of free float. Could certainly be difficult to buy those shares back if required in a hurry.
RRL Q3 report may be the first positive sign that RRL is handling these tough sector conditions better than people may be anticipating. Of course it will all depend on POG and there's no encouraging signs there.
Cheers
John
Hi Nordesmic, Always good when management/ directors interests...
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Last
$2.53 |
Change
0.010(0.40%) |
Mkt cap ! $1.473B | |||
| Open | High | Low | Value | Volume |
| $2.54 | $2.57 | $2.51 | $1.096M | 431.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 14847 | $2.52 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.53 | 12363 | 18 |
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| RRL (ASX) Chart |
