Ive come to the conclusion that this stocks share price is being constantly and severely manipulated by a certain person or company, that is possibly also a major shareholder, for the purposes of taking over this company for as little as possible.
This company has a $2.3 billion resource in ground (minimum!) and is valued at $70 million. This is a joke.
Look at a company called GOR on the ASX. It is at almost the same stages as RTG, has almost the same valued resource in ground, has almost the same cash in bank, however its resource is going to cost far more to dig up and sell....yet, its value is almost 4 TIMES that of RTG.
Whats the difference, sovereign risk? Give me a break.
Based on the valuation of GOR, RTG should be at least trading at $2.40, and given the RTG resource is still open, and is going to cost probably half what GORs is to dig up and sell, RTG should be valued at $4.80.
IMHO, DYOR, this is not advice and is personal opinion only, blah blah blah.
- Forums
- ASX - By Stock
- 58 cents is gone
Ive come to the conclusion that this stocks share price is being...
-
- There are more pages in this discussion • 42 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 RTG (ASX) to my watchlist
(20min delay)
|
|||||
Last
4.2¢ |
Change
-0.002(4.55%) |
Mkt cap ! $45.56M |
Open | High | Low | Value | Volume |
4.2¢ | 4.2¢ | 4.2¢ | $16.75K | 398.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 1850000 | 4.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.5¢ | 332976 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 1850000 | 0.040 |
1 | 350000 | 0.039 |
1 | 100000 | 0.038 |
1 | 80000 | 0.018 |
2 | 558820 | 0.017 |
Price($) | Vol. | No. |
---|---|---|
0.045 | 332976 | 1 |
0.046 | 3305 | 1 |
0.047 | 633015 | 2 |
0.050 | 996170 | 2 |
0.075 | 208000 | 1 |
Last trade - 14.29pm 09/10/2024 (20 minute delay) ? |
Featured News
RTG (ASX) Chart |
The Watchlist
AHK
ARK MINES LIMITED
Ben Emery, Executive Director
Ben Emery
Executive Director
SPONSORED BY The Market Online