Absolutely agree. Fundamentally, any management team that puts a live timeline of milestones until production on their website shows they mean business - That shows a lot of confidence.
Initially I was scared out of this stock due to it's low liquidity, but I was only looking for a short term hold. Given the potential this has, I've now bought back in and looking longer term. The potential of this is huge. Even if someone gets 90% of the shares and forces a compulsory acquisition (which I don't think can be done as a stipulation of the OPEC loan, still need to confirm though), an independent report on a fair share price for payout needs to be provided, in which case we all get our huge payout anyway - blue skies from my perspective.
Absolutely agree. Fundamentally, any management team that puts a...
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Last
95.0¢ |
Change
0.015(1.60%) |
Mkt cap ! $28.80M | |||
| Open | High | Low | Value | Volume |
| 94.0¢ | 95.0¢ | 92.0¢ | $7.524K | 8.117K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2000 | 86.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 97.0¢ | 70710 | 3 |
View Market Depth
| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| RLT (ASX) Chart |