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2.3¢ ragusa minerals ltd

Perhaps. But the 25 cent gap created this morning is huge. I...

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dawgfather

9,229 Posts.

4566

11/08/22

18:09

Post #: 63063824
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Originally posted by Roch2077: ↑

It moved due to not only rock chip sampling but LPM had massive results today and CXO has already proven up the area to have lithium. Say you sell Thai down to a 14 million cap at 14 cents and the market knows there is lithium in the floor from neighbouring tenements then the market will move the stock to a fair value on the potential it has similar results. So expect a 30-40 million dollar valuation before drilling and then potential to double triple or even quadruple from there. Market is always a 50/50 bet enjoy the ride

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Perhaps.

But the 25 cent gap created this morning is huge. I haven’t seen too many explorers that have sustained that size of gap unless the news that created it was something exceptionally special.

RAS Price at posting: 16.5¢ Sentiment: None Disclosure: Not Held
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(20min delay)
Last 2.3¢		Change 0.000(0.00%)		Mkt cap ! $3.28M

Open	High	Low	Value	Volume
2.4¢	2.4¢	2.3¢	$1.535K	66.75K

Buyers (Bids)

No.	Vol.	Price($)
1	71586	2.3¢

Sellers (Offers)

Price($)	Vol.	No.
2.4¢	100000	1

View Market Depth

No.	Vol.	Price($)
1	71586	0.023
3	217135	0.022
1	100000	0.021
3	137666	0.020
1	100000	0.019

Price($)	Vol.	No.
0.024	100000	1
0.025	100000	1
0.026	373000	2
0.027	34534	2
0.028	20087	1

Last trade - 14.56pm 23/04/2024 (20 minute delay)


Last 2.3¢			Change 0.000 ( 4.55 %)
Open	High		Low	Volume
2.3¢	2.3¢		2.3¢	1958
Last updated 14.56pm 23/04/2024 ?

RAS (ASX) Chart