Since October 09 the three copper stocks that are about to issue a maiden resource during 2010 have been copping a whacking as all other commodity and resource stocks. In the light of many takeover rumors regarding these three stocks the possible suitor to one of them is sitting back and watching no doubt with interest .The market caps of the following stocks have shed big numbers since October.
CUDECO --- SANDFIRE --- REX MINERALS
828M to 494M --- 344M to 289M --- 237M to 148M
Down 40% --- Down 16% --- Down 38% ($40M bank)
Its not as though its a massive selloff but losses and share prices are falling on very low turnover. If these stocks are earmarked for production one day there will be a lots of ups and downs but this one is a doozy.
correction required for freefall
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Last
46.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $360.3M | |||
| Open | High | Low | Value | Volume |
| 46.5¢ | 46.5¢ | 46.0¢ | $887.6K | 1.922M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 6404657 | 46.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 46.5¢ | 10094400 | 52 |
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| Last trade - 16.10pm 12/09/2024 (20 minute delay) ? |
| RXM (ASX) Chart |