I think the price has already priced in a lot of Avalon drilling
have a look at CGR, and think how the market value it in the past and should be similar to how the market will value RCR
ATH for CGR is 48c or $52m M/C, but the s/p was settled around 30-35c, so say we take the mid-point 32.5c the MC is around $35m
and RCR will have $35m M/C at 12c s/p.
I still think it will back to 7-10c price range when the assay is out then move up to 10-12c, so give us the pokali assay first then start Avalon drilling.
I think the price has already priced in a lot of Avalon...
-
- There are more pages in this discussion • 102 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add RCR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
2.5¢ |
Change
-0.001(3.85%) |
Mkt cap ! $7.314M | |||
| Open | High | Low | Value | Volume |
| 2.7¢ | 2.7¢ | 2.5¢ | $36.52K | 1.424M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 1097358 | 2.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.6¢ | 150000 | 1 |
View Market Depth
| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| RCR (ASX) Chart |