It would be hard to argue that the current price reflect poorly on managements ability to promote the story and make more traction. We are slow on progress on drilling results and slow on progress at Hillside. After all these years waiting for approvals to be moving so slowly is not going to help stakeholders. We need to see some serious ramp up on progress or roll some heads to get a team in who can actually build a mine and operated it profitably, better still somebody step in and buy out RXM at it's penny dreadful status. Still love the resource and believe in the value of location proximity to ports and infrastructure for Hillside and Hog Ranch could yet be a bonanza, just don't have confidence in the team to build and operate a mine. Will continue to accumulate on weakness believing that in a stable country a good resource will always find its way out of the ground!
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It would be hard to argue that the current price reflect poorly...
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Last
27.5¢ |
Change
0.010(3.77%) |
Mkt cap ! $211.1M |
Open | High | Low | Value | Volume |
26.5¢ | 27.5¢ | 26.5¢ | $214.7K | 794.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
12 | 825200 | 26.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
27.5¢ | 108591 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
12 | 825200 | 0.265 |
5 | 1278079 | 0.260 |
2 | 73000 | 0.255 |
9 | 123572 | 0.250 |
1 | 44000 | 0.245 |
Price($) | Vol. | No. |
---|---|---|
0.275 | 108591 | 6 |
0.280 | 195286 | 8 |
0.285 | 1900 | 1 |
0.290 | 94539 | 5 |
0.295 | 83148 | 4 |
Last trade - 16.10pm 21/05/2024 (20 minute delay) ? |
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Last
27.3¢ |
  |
Change
0.010 ( 2.75 %) |
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Open | High | Low | Volume | ||
27.0¢ | 27.5¢ | 26.5¢ | 377793 | ||
Last updated 15.57pm 21/05/2024 ? |
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RXM (ASX) Chart |
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ALARA RESOURCES LIMITED
Stephen Gethin, Non-Executive Director & Chairman
Stephen Gethin
Non-Executive Director & Chairman
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