True SD.
However.... in that time.. shareholders have been diluted into oblivion.
I was actually looking at the SP when RXL bought into the project, versus now... ouch.
Consolidation of 1:15 means... shareholders are sitting on huge losses.
Plus, they still only own 30%, plus they still have to carry VMC all the way.
In fact, VMC has a similar E/V to RXL.... very telling.
Not saying RXL is not cheap, but... after having been in BDC and seeing how it all played out.
Lets just say the new MD has a big challenge ahead.
Ann: Midway Emerging as a New High-Grade Gold Discovery, page-20
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Last
12.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $51.32M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.3¢ | 12.5¢ | $162.7K | 1.252M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 265704 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 292348 | 2 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| RXL (ASX) Chart |