I have seen it happened many times before, this is nothing special. Company hitting dusters and losing money in an exploration company is nothing new. A good discovery will return all the losses plus heaps of profit. It is all about finding the right tenements. RMX applied for the tenements around MHC at Koonenberry. The nearology is great especially with MHC finding high grade gold in its tenements. If RMX announced that they have been granted the tenements at Koonenberry and they are planning a rig soon, the share price will increase a hundred percent from here. I like the volume increase at the back of a rising share price. It means the new holders are willing to pay for the shares at a new price. I am a new holder, I see RMX is of great value currently. Once announcement that the tenements have been granted and drilling is about to commence, the share price will rise again. Gold price is also rising which is a plus.
- Forums
- ASX - By Stock
- RMX
- Ann: Despatch of Share Purchase Plan Documentation
Ann: Despatch of Share Purchase Plan Documentation, page-91
Featured News
Add RMX (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.2¢ |
Change
0.001(100%) |
Mkt cap ! $6.847M |
Open | High | Low | Value | Volume |
0.2¢ | 0.2¢ | 0.2¢ | $4.485K | 2.468M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
14 | 18741481 | 0.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.2¢ | 134884173 | 36 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
14 | 18741481 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.002 | 134884173 | 36 |
0.003 | 12447686 | 10 |
0.004 | 17350211 | 8 |
0.005 | 10950006 | 5 |
0.006 | 1440902 | 2 |
Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
Featured News
RMX (ASX) Chart |