Rgl seems unable to find anything substantial for the last 2 years after spending lots of man/hours collecting geotechnical data on the ground and provide "zilch" information to the market on their adventure.
They try to get people excited by acquiring "john west" type (the reject) tenements all over the place - highlighting / overblowing the potential.
For RGL to survive, they need to find something substantial.
Keep dishing out free shares in exchange for more tenements is not going to cut it.
When will the money run out ??? Few on quarters, then what ??
Is not easy to raise money when the SP is less than 1 cent.
Rgl seems unable to find anything substantial for the last 2...
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 (20min delay)
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Last
0.8¢ |
Change
-0.001(6.25%) |
Mkt cap ! $9.072M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.8¢ | 0.8¢ | $2.867K | 378.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 27 | 9015780 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 2608292 | 4 |
View Market Depth
| Last trade - 11.36am 24/05/2024 (20 minute delay) ? |
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Last
0.8¢ |
Change
-0.001 ( 7.14 %) |
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| Open | High | Low | Volume | ||
| 0.8¢ | 0.8¢ | 0.7¢ | 2268636 | ||
| Last updated 14.38pm 24/05/2024 ? | |||||
| RGL (ASX) Chart |