Yup, and serious potential too.
I've looked into RCE's highest record of market capital/value back in 2020, and it looks to be that RCE had a MV of approx ~$240m. (allows for share dilution)
Today, imo, with the current stimulation and encouraging news flow, there's no reason the MV shouldn't exceed this value seen in 2020. RCE is in a far better position for commercial *potential* today, than it was in 2020. Perhaps a deflated bank balance in its comparison is the only negative.
Perhaps the market is still numb and cautious from, what was, a slow and quiet development for some time. If RCE can keep up this pace with a steady stream of development, I can see this price going for a run once the pins and needles wear off.
An announcement re Indonesian timelines could be a catalyst. An announcement re capital raise could be such a tease.
Will it be both?
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Last
56.0¢ |
Change
-0.035(5.88%) |
Mkt cap ! $114.2M |
Open | High | Low | Value | Volume |
59.5¢ | 59.5¢ | 56.0¢ | $156.3K | 273.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 29113 | 56.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
59.0¢ | 587 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 29113 | 0.560 |
3 | 27975 | 0.550 |
2 | 51000 | 0.540 |
2 | 52000 | 0.530 |
1 | 50000 | 0.525 |
Price($) | Vol. | No. |
---|---|---|
0.590 | 587 | 1 |
0.595 | 51883 | 2 |
0.600 | 209104 | 3 |
0.605 | 2000 | 1 |
0.610 | 20000 | 1 |
Last trade - 16.10pm 05/06/2024 (20 minute delay) ? |
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Last
57.0¢ |
  |
Change
-0.035 ( 2.56 %) |
|||
Open | High | Low | Volume | ||
58.0¢ | 58.0¢ | 56.0¢ | 61716 | ||
Last updated 15.34pm 05/06/2024 ? |
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