ditto - what was the SP telling you in Sep 2011 when the copper price was similar and RXM was $1.20?
Nothing has changed with the capex but the resource and reserves increased.
Copper stocks are down, oversold IMO.
It may go further down because it is sentiment not logic driving the price right now. Alternatively people will at some stage realise a bargain when they see one.
hillside- what is it worth, page-19
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Last
44.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $337.8M | |||
| Open | High | Low | Value | Volume |
| 44.0¢ | 44.5¢ | 43.5¢ | $488.0K | 1.109M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 159571 | 44.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 44.5¢ | 1546155 | 26 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| RXM (ASX) Chart |