Look at MEL's market cap of around $130 million. If ROG had the same market cap it would be about 13c per share. I think that would be an absolute upper limit to the short term SP no matter what the drilling turns up. Of course, MEL is way undervalued for its assets but there is no reason to think that ROG will be more fairly valued.
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Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $43.37M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.9¢ | 0.8¢ | $146.5K | 18.29M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 50190673 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 23032557 | 44 |
View Market Depth
| Last trade - 16.10pm 18/11/2024 (20 minute delay) ? |
| ROG (ASX) Chart |