For those with longer term memories you will know that we have burnt through 100’s of millions with no mine to show for it. It is pretty clear that the company will be tin rattling until someone takes the assets off of their hands. Oh that is best case scenario, worst case is they actually get the finance together and try and build something. I believe that the current share price action is sophisticated investors hoping someone takes an interest. Script takeover by OZ would be a win win, I don’t want a low cash profit, I believe there is a decent mine to be produced by the right group.
Anyway the current anything is far better than the years of nothing Eh.
Andy
For those with longer term memories you will know that we have...
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Last
44.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $337.8M | |||
| Open | High | Low | Value | Volume |
| 44.0¢ | 44.5¢ | 44.0¢ | $713.0K | 1.620M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 27 | 4317169 | 44.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 44.5¢ | 4119680 | 31 |
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| Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
| RXM (ASX) Chart |