More outstanding trenching results however I don't think this announcement alone will counteract selling due to (now) large placement. There'll most likely be an initial rise on open but I think it will end up by around 2.2c or lower by close.
We need the drilling results and scoping study results (or a bit of time) to blow away the overhead of new shares.
bam, page-11
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0.9¢ |
Change
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Mkt cap ! $3.486M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.1¢ | 0.9¢ | $16.23K | 1.636M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 1734155 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 200000 | 2 |
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| RMX (ASX) Chart |