Hi @graydog and other forum members
My understanding is the value of RR1 shares pre-consolidation was 0.2 cents per share and after-consolidation it will be 1 cent per share.
pre-consolidation 4,000,000 shares @ 0.2 cent are worth $8,000 which translates to 800,000 shares after 5:1 consolidation @ 1 cent worth $8,000
I expect some turbulent trading for RR1 when it resumes.
I am hopeful / looking forward to positive news in future months but that does not neccesarily equal confidence... I am happy to be wrong though.
Time will tell. Sadly a lot of holders have got pretty much nothing left to loose.
GLTAH DYOR
Ann: Field Work Commences on Niobium & REE targets at Wabli Creek, page-96
Add RR1 (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.1¢ |
Change
-0.001(8.33%) |
Mkt cap ! $10.49M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.1¢ | 1.1¢ | $1.107K | 100.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 926440 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 1364700 | 3 |
View Market Depth
| Last trade - 10.06am 06/06/2024 (20 minute delay) ? |
|
|||||
|
Last
1.2¢ |
Change
-0.001 ( 0.00 %) |
||||
| Open | High | Low | Volume | ||
| 1.2¢ | 1.2¢ | 1.2¢ | 13000 | ||
| Last updated 10.08am 06/06/2024 ? | |||||
| RR1 (ASX) Chart |