RCR 0.00% 1.9¢ rincon resources limited

General Discussion, page-414

  1. 10,442 Posts.
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    RCR's s/p may drop another 50% to around 3.5c for the same EV when it was at 2.3c late March/Early April
    if using 8/5's low 7.3c, for the same EV it will be around 7.3c
    so mid-point is 5.4c, it will find support around there, imo.
    using CGR as a guide, the s/p has dropped to 16c and the M/C is around $17m/ EV around $9m
    RCR will have similar MC & EV if it's at 5.4c

    https://hotcopper.com.au/data/attachments/6232/6232576-95b5500b95633b099208fc674ebc581a.jpg

 
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