And the reverse sentiment is true for new/non-holders. If the price is low enough, despite your commendable arguments (I did say "solid analysis") considered and indeed very clear and obvious poor past performance, even with a very high discount adjusted risk rate applied to forward expected/possible cash flows, the expected outcome in discounted future valuation in excess of a present value $13 million cap.
"Going to zero" is the obvious, and indeed not unusual expectation for stocks that have fallen so far. We will see in say two years if that's the case with Acrux. Its still a heavily competitive area indeed, but criticism accepted - chapter 11 departure of significant players from the market then.
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acrux limited
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And the reverse sentiment is true for new/non-holders. If the...
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Last
2.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.155M |
Open | High | Low | Value | Volume |
2.1¢ | 2.2¢ | 2.0¢ | $7.942K | 390.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 565571 | 2.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.2¢ | 27574 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 565571 | 0.020 |
4 | 451342 | 0.019 |
1 | 160000 | 0.018 |
2 | 469000 | 0.017 |
1 | 66732 | 0.015 |
Price($) | Vol. | No. |
---|---|---|
0.022 | 27574 | 2 |
0.023 | 125126 | 5 |
0.024 | 306848 | 8 |
0.025 | 268239 | 2 |
0.026 | 75000 | 3 |
Last trade - 14.59pm 17/06/2025 (20 minute delay) ? |
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RC1
REDCASTLE RESOURCES LIMITED
Ronald Miller, Non-Executive Director
Ronald Miller
Non-Executive Director
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