RMX past is just that, new management now and new direction as well so that shouldn't be a factor. Not to mention BorgGeoscience on board both the Lithium and Cobalt project as consultant.
Same can be said (it's worth nothing until they find something) of all the weed stocks that shot up 100%+ on the maybe that they were looking into acquiring a weed project lol.
Same for other lithium projects that are valued higher at $20mMC+ pre-drilling.
But there are always times of undervalue and overvalue in a stock, can't always remain completely constant in one or the other.
I suspect as we've both stated it's the general market taking a hit this morning among a mix of other factors.
Yes 3c has been a strong support base and I posted a chart in the other thread noting the higher lows RMX has just made recently which is a positive sign in itself.
It potentially overshot yesterday opening at 3.9 which then had too much supply from a mix of different sellers and caused some overselling to where things are now at 3.2
Which is where we were before anyway and awaiting drilling to start.
Just provides some good buy opportunity/topping up at this level leading up to the Lithium drilling starting.
- Forums
- ASX - By Stock
- RMX
- Ann: Red Mountain signs term sheet for Mokabe-Kasiri Project
Ann: Red Mountain signs term sheet for Mokabe-Kasiri Project, page-159
-
-
- There are more pages in this discussion • 133 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RMX (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.486M |
Open | High | Low | Value | Volume |
0.9¢ | 0.9¢ | 0.9¢ | $550 | 61.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 45632 | 0.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.0¢ | 738627 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 45632 | 0.009 |
9 | 2351283 | 0.008 |
9 | 1993856 | 0.007 |
5 | 1664861 | 0.006 |
2 | 1199995 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 738627 | 4 |
0.011 | 838750 | 3 |
0.012 | 1036082 | 2 |
0.013 | 185103 | 1 |
0.015 | 235500 | 3 |
Last trade - 10.51am 16/10/2024 (20 minute delay) ? |
Featured News
RMX (ASX) Chart |
The Watchlist
JBY
JAMES BAY MINERALS LIMITED
Andrew Dornan, Executive Director
Andrew Dornan
Executive Director
SPONSORED BY The Market Online