RMX must be the most under value share in disallowed. We have a new exploration company, the ipo would most likely be 20c per share. This is before any drilling or confirmation of what the company has. RMX'S market capitalization is $13.75million and what have we got? We have tenements in Koonenberry next to discovery of high grades gold at Tibooburra. We have tenements at Mt Maitland, discovery of gold including a gold nugget on site. We have, now rare earth tenements, rare earth elements are highly sought after minerals. All this, with only a market capitalization of $13.75 millions. It is likely any tenements on its own would be more than likely be valued more than the current market capitalization. Taking a line through this reasoning, RMX looks to be excellent value at this level. Looking at the chart itself tells us RMX is way oversold, its share price is touching the blower Bollinger Bands and should rebound from here. (dyor, not to be regarded as advice, just my own reasoning which information based on has not been verified).
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Last
0.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.873M |
Open | High | Low | Value | Volume |
0.1¢ | 0.1¢ | 0.1¢ | $789 | 789K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
40 | 40327291 | 0.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.2¢ | 123946083 | 39 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
39 | 37327291 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.002 | 123296083 | 38 |
0.003 | 10701021 | 8 |
0.004 | 13341867 | 7 |
0.005 | 11891672 | 7 |
0.006 | 1440902 | 2 |
Last trade - 10.06am 16/08/2024 (20 minute delay) ? |
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RMX (ASX) Chart |