ENR's M/C is $160m, and the highest MC was $220m
say if RCR can make the Niobium discovery at Avalon
what will the MC be? 100m? or 160m to match ENR or the same MC as ENR?
at 15c RCR will have MC of $43m, then from 43 to 100 that's about 130% gain
so if RCR's share price jump too high there will be less upside when a discovery comes
in that theory the s/p will be kept within certain price range
my prediction will be $20-30m or 7-10c
and if bad assay from Pokali is out then it may drop further but should be back within the range
if anything higher than this should be considered as a "sell"
good example is CGR when it went up to 40c+
you can buy CGR at less than that price now and better RvR
- Forums
- ASX - By Stock
- RCR
- RCR chart
RCR chart, page-37
-
-
- There are more pages in this discussion • 536 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RCR (ASX) to my watchlist
|
|||||
Last
4.1¢ |
Change
0.005(13.9%) |
Mkt cap ! $11.99M |
Open | High | Low | Value | Volume |
3.6¢ | 4.2¢ | 3.5¢ | $163.9K | 4.203M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 40098 | 4.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.2¢ | 183619 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 313400 | 0.040 |
2 | 180000 | 0.039 |
2 | 689658 | 0.038 |
1 | 256000 | 0.037 |
6 | 772973 | 0.036 |
Price($) | Vol. | No. |
---|---|---|
0.041 | 10085 | 1 |
0.042 | 183619 | 1 |
0.043 | 126923 | 2 |
0.044 | 234722 | 3 |
0.045 | 320000 | 4 |
Last trade - 16.10pm 14/08/2024 (20 minute delay) ? |
Featured News
RCR (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
SPONSORED BY The Market Online