ROG 20.0% 0.4¢ red sky energy limited.

Floor looks set at 0.014 for now, after profit taking from the...

  1. 143 Posts.
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    Floor looks set at 0.014 for now, after profit taking from the initial pump.

    I got in initially for a trade last week, but topped up this morning with a view of holding this long term now.

    • Cashed up with $4mil at bank
    • NPV of resource now estimated at 10x initially thought
    • Short term goal of production
    • Long term goal of becoming a mid-cap

    My shares will be going into the bottom draw now. Happy for this to organically make its way upwards now, and I think it will over time. It's undervalued and has the fundamentals in place (unlike 88E). Not a knock on 88E, I was in for a trade and free carrying on the hopes of a discovery, but I was also around for the great failure of Icewine 1 & 2. The speculation fueling the recent 88E rise was just crazy - was literally watching history repeat itself with no fundamental value in place.
 
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Last
0.4¢
Change
-0.001(20.0%)
Mkt cap ! $21.68M
Open High Low Value Volume
0.4¢ 0.5¢ 0.4¢ $12.59K 3.073M

Buyers (Bids)

No. Vol. Price($)
39 91133489 0.4¢
 

Sellers (Offers)

Price($) Vol. No.
0.5¢ 60441268 92
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Last trade - 16.10pm 25/07/2024 (20 minute delay) ?
ROG (ASX) Chart
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