RWD 2.90% 7.1¢ reward minerals ltd

mining and ilua executed !, page-52

  1. 3,159 Posts.
    "I don't think its right you compare investing in RWD like playing lotto though .. lol.. the odds are very good the LD Heritage survey will be completed. Seems to me a 90% chance...a lot better than 50% ..."

    I agree... Odds are far better than lotto. Just making a point as clearly as possible.

    And No I don't expect to buy at $1. That is of no concern to me. When trading speculative small caps I like to make trades that are either extremely high reward vs risk or almost no risk and possible 50%+ (preferably more) return.

    I think I can confidently get 50%+ return from RWD with very little risk. Based on my modelling and experience, if RWDs capitalisation was under $40 million (Highly unlikely to see that without global meltdown), it would be worth my while taking the risk on the Heritage survey. But things are the way they are.

    Stick to a system while it works.

    I'll add, that even the smallest sign, a hit, that the TOs are hesitant, this stock will be killed... I don't like that risk.
 
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Last
7.1¢
Change
0.002(2.90%)
Mkt cap ! $18.13M
Open High Low Value Volume
6.9¢ 7.1¢ 6.9¢ $5.108K 73.35K

Buyers (Bids)

No. Vol. Price($)
1 34556 7.1¢
 

Sellers (Offers)

Price($) Vol. No.
7.8¢ 10000 1
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Last trade - 13.03pm 07/11/2024 (20 minute delay) ?
RWD (ASX) Chart
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