During company presentation on Aug 2020, they announced balanced cash is around 3.3mil, but during quarterly report ended by 30 Sep 2020, they reported balanced cash to be 1.86mil only, they burn money in such alarming speed just around one month time ?? we haven't even confirmed the drilling contractor which need many cash, does that mean RGL need CR soon?? the CR at 1.1c is really poor work, even now 4.9c share price is almost 5 times to previous CR, need wait and see how they manage this project with current cash
RGL cash status
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Last
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.257M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.8¢ | 0.6¢ | $68.25K | 10.69M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 793633 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 1000000 | 1 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| RGL (ASX) Chart |