Agree!
The good news reports are of course "legit"...they are not just making them up! And the share price will rise eventually and stay up as the weight of evidence grows that this is a serious project.
You could argue that the market is responding as it should....not giving it a $150m market cap on publishing a few historic results that have not been subject to modern analysis and QA/QC. I'd like to see that happen as much as anyone but being realistic should it go sky high on what they've done thus far? This is happening to hundreds of stocks....good results released and flat to down in SP. It's just the market we're in. But eventually the weight of evidence, assuming it comes, will send this a lot higher. We don't know what their marketing activities look like, how many people are actually following this thing?
I like to compare the grades of different REE projects....remember grade is king. Eventually the market catches up.
Agree!The good news reports are of course "legit"...they are not...
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Last
4.4¢ |
Change
-0.001(2.22%) |
Mkt cap ! $11.88M | |||
| Open | High | Low | Value | Volume |
| 4.4¢ | 4.4¢ | 4.4¢ | $1.206K | 27.40K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100000 | 4.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.4¢ | 31596 | 1 |
View Market Depth
| Last trade - 11.02am 21/05/2024 (20 minute delay) ? |
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Last
4.4¢ |
Change
-0.001 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 4.4¢ | 4.4¢ | 4.4¢ | 72596 | ||
| Last updated 10.59am 21/05/2024 ? | |||||
| PRS (ASX) Chart |