Extremely cheap...
The market seems to have missed the significane of the recent Canadian acquisition...already sizable to JORC standards, open in several directions, incomplete, target rich and shallow.
Current cap barely covers their existing assets, with drilling immenent, let alone the new acquisition.
Technically, it is posised for a run near term...as per my initial comments re-"wait one week". The recent sell-down was on increasingly reducing volumes. Once again, as with many other stocks I like, the register is tight and higly conducive to a strong upwards push.
I will be in the market today.
Cheers!
eberliner1...good stock...
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Last
0.9¢ |
Change
0.001(12.5%) |
Mkt cap ! $11.52M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.0¢ | 0.9¢ | $6.089K | 676.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 4539809 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 122929 | 2 |
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| Last trade - 15.49pm 25/07/2024 (20 minute delay) ? |
| RNX (ASX) Chart |