I think that those looking for a quick buck from this stock will be disappointed.
The market does not want to reward the prospect of future mining. The market will reward those who are producing or very close to producing.
The only way for a quick buck is if someone takes the risk and buys them out.
If you want to see good multiples out of RXM, then you may have to wait a number of years.
Thoughts anyone...
I think that those looking for a quick buck from this stock will...
Add RXM (ASX) to my watchlist
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Last
25.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $193.8M | |||
| Open | High | Low | Value | Volume |
| 25.5¢ | 25.5¢ | 25.0¢ | $212.9K | 837.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 618419 | 25.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.5¢ | 195015 | 3 |
View Market Depth
| Last trade - 15.42pm 14/06/2024 (20 minute delay) ? |
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Last
25.5¢ |
Change
0.000 ( 0.35 %) |
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| Open | High | Low | Volume | ||
| 25.5¢ | 25.5¢ | 25.3¢ | 169694 | ||
| Last updated 11.15am 14/06/2024 ? | |||||
| RXM (ASX) Chart |