RHK 0.63% 80.5¢ red hawk mining limited

ann out on cap raising, page-92

  1. 935 Posts.
    lightbulb Created with Sketch. 114
    I can't understand why some say the SP will not go above 3.4c in the near future. In the 2 years prior to the Russian fiasco the SP ranged between 8c and 24c and traded mainly between 10c and 20c. Now it has been de-risked considerably and an infrastruture solution is on the table. Not withstanding the CR the SP I believe still well underrates the company and its potential. I am not one for ever predicting future SP (publicly) but I must admit I was very disappointed with Friday's performance after the TH lifted. It just does not make sense to me.
 
watchlist Created with Sketch. Add RHK (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.