Well, after the 15:1 share consolidation 3 years ago, now the SOI has risen to 260%. Every time they did a booger size CR, at lower price one after anther, is very value and confidence destroying. I can't be so confident with these managements even though I still feel positive with the resources given its size and grades. I have already writen off my investment on this coy and treat it as a gambling bet for a while now.
PS, there hasn't been much asset value creation since 2021 consolidation, but today's SP is still equivalent to about $0.34 at that time.
Ann: Entitlement offer to raise up to $7.62 million, page-107
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Last
18.0¢ |
Change
-0.010(5.26%) |
Mkt cap ! $73.90M | |||
| Open | High | Low | Value | Volume |
| 18.0¢ | 19.5¢ | 18.0¢ | $181.5K | 966.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 48744 | 18.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.5¢ | 50000 | 1 |
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| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| RXL (ASX) Chart |