You're really starting to look silly with the stuff you're saying.
20c and 40c targets based on what? Thin air? Institutions pick losers just like every other market participant. They aren't immune. No one is going to be able to pump this to those ridiculous levels. This isn't a spec stock that will rise on speculation.
Even 10c would value the company at a lofty 50m. How on earth are they going to justify that valuation in 12 months' time as per your target? They are spending a meagre 117k in the current quarter on product manufacturing. So they have all but abandoned that side of the business, which you have been banging on about soon becoming a cash cow as a result of economies of scale, efficiencies, new markets, etc. That didn't go so well. Now all hopes are being pinned on the business they acquired for $2m only a couple of months ago. That's about 20% of the current market cap of RBO. And you're saying they're going to turn a $2m business into a $50m business in just over 12 months?![]()
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Ann: Operational Update & September 2018 Appendix 4C, page-9
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Last
13.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $27.88M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 8998 | 11.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
12.5¢ | 7812 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 8998 | 0.110 |
1 | 66476 | 0.105 |
1 | 14000 | 0.094 |
1 | 60000 | 0.091 |
2 | 8555 | 0.090 |
Price($) | Vol. | No. |
---|---|---|
0.125 | 7812 | 1 |
0.130 | 162507 | 2 |
0.135 | 52632 | 1 |
0.165 | 21750 | 2 |
0.170 | 121096 | 2 |
Last trade - 16.21pm 16/07/2025 (20 minute delay) ? |
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