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8.24%

9.2¢ reward minerals ltd

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-16

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Pseudo19

569 Posts.

250

02/05/24

09:54

Post #: 73623524
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Originally posted by boomeronrations: ↑

I also think they will keep things tight.
But , assuming that they have been running things tight up until now , and it would seem that they have been , at least another million [ about a years cash burn] would seem necessary , plus whatever extra might be needed for '' potential acquisitions'' .
That approximates to 2 for 9 @2c assuming 100% takeup.
Perhaps one explanation for the share price weakness.

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It’s worth noting the valuation of AMN not attributed to WA1/cash is very similar to the valuation of RWD.
Not very high.
The need to raise cash will be a factor but even if it wasn’t, the market isn’t interested in SOP.

RWD Price at posting: 2.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 9.2¢		Change 0.007(8.24%)		Mkt cap ! $23.57M

Open	High	Low	Value	Volume
8.3¢	9.2¢	8.3¢	$58.46K	691.2K

Buyers (Bids)

No.	Vol.	Price($)
1	19680	8.5¢

Sellers (Offers)

Price($)	Vol.	No.
9.2¢	50037	1

View Market Depth

No.	Vol.	Price($)
1	19680	0.085
1	62586	0.082
1	866	0.081
1	300000	0.075
1	10000	0.072

Price($)	Vol.	No.
0.092	50037	1
0.095	50000	1
0.098	100000	1
0.120	25000	2
0.130	27227	1

Last trade - 16.10pm 13/11/2024 (20 minute delay)

RWD (ASX) Chart