you got to compare apple to apple, and I think the best comparison is with CGR
as both companies are next to each other and drilling at similar time
CGR has 2x RCR's M/C, I know they got more cash 8.2m vs 2.1m
but in terms of EV it's 28m vs 16m
so either they are way overpriced or RCR is still way undervalued.
Ann: New Bullseye Gravity Target at West Arunta, page-453
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Last
2.6¢ |
Change
-0.003(10.3%) |
Mkt cap ! $7.606M | |||
| Open | High | Low | Value | Volume |
| 2.9¢ | 2.9¢ | 2.6¢ | $78.20K | 2.880M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 704609 | 2.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.8¢ | 370492 | 4 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| RCR (ASX) Chart |