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2.5¢ reward minerals ltd

It’s worth noting the valuation of AMN not attributed to...

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Pseudo19

541 Posts.

238

02/05/24

09:54

Post #: 73623524
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Originally posted by boomeronrations: ↑

I also think they will keep things tight.
But , assuming that they have been running things tight up until now , and it would seem that they have been , at least another million [ about a years cash burn] would seem necessary , plus whatever extra might be needed for '' potential acquisitions'' .
That approximates to 2 for 9 @2c assuming 100% takeup.
Perhaps one explanation for the share price weakness.

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It’s worth noting the valuation of AMN not attributed to WA1/cash is very similar to the valuation of RWD.
Not very high.
The need to raise cash will be a factor but even if it wasn’t, the market isn’t interested in SOP.

RWD Price at posting: 2.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 2.5¢		Change 0.000(0.00%)		Mkt cap ! $5.696M

Open	High	Low	Value	Volume
2.5¢	2.5¢	2.5¢	$2.102K	84.07K

Buyers (Bids)

No.	Vol.	Price($)
1	299999	2.3¢

Sellers (Offers)

Price($)	Vol.	No.
2.6¢	250000	1

View Market Depth

No.	Vol.	Price($)
1	299999	0.023
2	472500	0.022
2	75000	0.020
1	35000	0.015
0	0	0.000

Price($)	Vol.	No.
0.026	250000	1
0.029	22850	1
0.035	6800	1
0.038	3572	1
0.039	8500	1

Last trade - 16.10pm 04/06/2024 (20 minute delay)

RWD (ASX) Chart