RAG 10.5% 2.1¢ ragnar metals limited

So one has a forum and gives no opinions? Pretty dumb stuff...

  1. 9,929 Posts.
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    So one has a forum and gives no opinions? Pretty dumb stuff mate. Whether it is TA, FA, peer valuation, sector sentiment, etc., all opinions are valuable. In such a speculative stock which has seen an increase by a bag, opinions will vary. However it doesn't make it wrong as they are all based on probabilities. However one thing we are certain of is that there was a significant mineral zone discovered in relation to.one of the hottest commodities in the market and at a tier 1 jurisdiction by a 10 mil mc company. When the market zones in on a stock with potential, the short term sp can benefit immensely. Remember, in the spec end sp stagnation is prevalent abd only sentiment will push money into companies unless there is a confirmed significant resource - deg is an example. Even lke or rnu - had resources and were stagnant for a long time. Yet now related. cap is another. You ave esr in the nickel sulphide space that eased past the 100 mil val. Our aim as investors is to capitalize. Looking at the potential nature of the find, if drilling 3 and 4 provide similar visuals we are easing towards a 100 mil mc and assays even higher. That would then require an extensive drilling program after and a c4 as the sp appreciates down the track. So in the st this could and should maintain it's momentum . Nice retrace on a 3rd of volume. Most sales above the 6 c levels. It is very promising. Definitely a hold if not a buy with the risk rewards still available.
 
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Last
2.1¢
Change
0.002(10.5%)
Mkt cap ! $9.954M
Open High Low Value Volume
1.9¢ 2.1¢ 1.9¢ $24.69K 1.213M

Buyers (Bids)

No. Vol. Price($)
1 500000 1.9¢
 

Sellers (Offers)

Price($) Vol. No.
2.1¢ 96438 1
View Market Depth
Last trade - 15.16pm 28/03/2024 (20 minute delay) ?
Last
2.0¢
  Change
0.002 ( 11.1 %)
Open High Low Volume
2.0¢ 2.0¢ 2.0¢ 510183
Last updated 15.14pm 28/03/2024 ?
RAG (ASX) Chart
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