Firstly let me say these thoughts are completely mine alone and I have no information about it. Just thinking out loud.
There has been talk about RSG possibly acquiring Redback at some stage given the proximity of both of their projects and that they are focussed in Africa. This makes sense.
What about the possibility of RSG being taken over, by let's say Ashanti or another African explorer / producer? Is this scenarion so far fetched?
They are profitable, debt free and have a great mine and JV interests.
Comments appreciated.
RSG - TAKEN OVER PERHAPS?
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Last
$1.18 |
Change
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Mkt cap ! $1.061B | |||
| Open | High | Low | Value | Volume |
| $1.20 | $1.20 | $1.17 | $6.919M | 5.869M |
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| No. | Vol. | Price($) |
|---|---|---|
| 12 | 181953 | $1.17 |
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| Price($) | Vol. | No. |
|---|---|---|
| $1.18 | 161584 | 7 |
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| Last trade - 16.10pm 20/01/2020 (20 minute delay) ? |
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Last
$1.17 |
Change
-0.015 ( 1.75 %) |
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| Open | High | Low | Volume | ||
| $1.20 | $1.20 | $1.17 | 1739188 | ||
| Last updated 15.59pm 20/01/2020 (live) ? | |||||
| RSG (ASX) Chart |