If this company was a shell valued at, say $3M, and then picked up an attractive Cobalt prospect - that company would easily justify a MC of $10M - look at Mei.. its worth more than RMX is currently!
RMX has simply lost its momentum and is in poor market conditions right now - its falling under its own weight - as the Japanese would say. It doesn't need pro's or 'people in the know' to drop - the market depth is thin and any seller will push the price down.
Results due very soon.
If this company was a shell valued at, say $3M, and then picked...
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Last
0.2¢ |
Change
0.001(100%) |
Mkt cap ! $6.847M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $4.485K | 2.468M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 18741481 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 134884173 | 36 |
View Market Depth
| Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
| RMX (ASX) Chart |