RGL still need to issue 72m shares , from the 1c CR. takes total undiluted SOI to 390mil.
i really cant believe this ran up to 11c , and it may very well run back there, but i cant see how any sensible investor can buy into a company worth 45-50m with 1.5m cash in the bank and 2 unproven highly speculative blocks of land that needs a lot of exploration dolars and time.
blows my mind really and reminds me of MEI which flew sky high on hope of the Brazil prospects, i have to say Tolga is the common denominator here , look at AL8 as well.
not saying he is doing anything bad at all, but it shows there are. lot of sheep around on the ASX that will buy and follow anything that sounds good, no matter what price.
you should all have a price and be committed to that, dont be reckless, thats my advice!
RGL still need to issue 72m shares , from the 1c CR. takes total...
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Last
0.7¢ |
Change
0.001(16.7%) |
Mkt cap ! $8.467M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.8¢ | 0.7¢ | $259.8K | 34.17M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 4299526 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 6686426 | 13 |
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| Last trade - 16.10pm 15/07/2024 (20 minute delay) ? |
| RGL (ASX) Chart |