RHK 0.63% 80.5¢ red hawk mining limited

t/o, page-23

  1. 1,459 Posts.
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    Travted, a little touchie, if you bought at much higher levels it does not mean it will goback there.
    How do I get to 5 cents, very simple. The only thing that fms has going is a good io resource.
    It seams that they areunable to establish port access in the last 4 years, while others were succesfull like bci, ioh, ago etc etc. So says enough about the quality of the management . The reason that price was traded at much higher levels in the past was because everybody thought they would be able to arrange port acces, but over the last years they clearly proved management and board are not competent at all, somthat is why its is trading at 2.2 cents. Payingbetween 100 mln to 150 mln for the resource would be nice outcome so between 5-7 cents. Great investment opportunity, is it not at these levels? Unfortunate for the people who bought at higher level.Imho more then 10 cent you won't see anymore in this stock, thanks to very poor management.
 
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Last
80.5¢
Change
0.005(0.63%)
Mkt cap ! $160.8M
Open High Low Value Volume
80.5¢ 80.5¢ 80.5¢ $1.24K 1.54K

Buyers (Bids)

No. Vol. Price($)
1 2531 79.0¢
 

Sellers (Offers)

Price($) Vol. No.
89.0¢ 2368 1
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Last trade - 11.02am 12/07/2024 (20 minute delay) ?
RHK (ASX) Chart
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