RCR rincon resources limited
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At this point after such a fantastic run you would have to...

  1. Mustwin1
    2,508 Posts.
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    30/04/24
    13:40
    Post #: 73583582
    At this point after such a fantastic run you would have to consider what an institution would pay per share for a capital raise? My guess would be at least 50% discount from the current share price. So guessing around 3.8 or 4 cents would be the target. Don't get upset, just see it from an institution way of thinking. So the share price could easily fall below 5 cents soon.
    RCR Price at posting: 7.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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