RCR 12.9% 2.7¢ rincon resources limited

Ann: Suspension from Official Quotation, page-16

  1. 733 Posts.
    lightbulb Created with Sketch. 113
    Looking at FY18 report again & if the numbers are right its hard to see how they could’ve f%@ked it up so badly so quickly. Refinancing is due in December & funding is a lot tougher now so hopefully the problems are more this than further business deterioration? Wishful thinking? I’d appreciate if somebody who understands balance sheets better than me could give their opinion of asset value after possible liabilities, going by Morningstar quoting $1.43 book value per share I’d assumed there was a fair buffer. 
 
watchlist Created with Sketch. Add RCR (ASX) to my watchlist
(20min delay)
Last
2.7¢
Change
-0.004(12.9%)
Mkt cap ! $7.899M
Open High Low Value Volume
3.0¢ 3.0¢ 2.6¢ $156.6K 5.584M

Buyers (Bids)

No. Vol. Price($)
4 1020514 2.6¢
 

Sellers (Offers)

Price($) Vol. No.
2.7¢ 37769 1
View Market Depth
Last trade - 16.10pm 03/09/2024 (20 minute delay) ?
RCR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.