RWD 0.00% 2.8¢ reward minerals ltd

catAgree, both have potential, but you can bet that existing...

  1. 1,478 Posts.
    lightbulb Created with Sketch. 9
    cat

    Agree, both have potential, but you can bet that existing players will not be expanding production until the worst is over.

    example: POT
    - cost of capital is enormous (eg POT ~75% off its highs).
    - always rationed production to ensure prices remain high.

    Agree that capex is light and lead time short. Advantage of collapse in hard commodity production is that prices in contracting should reduce.
 
watchlist Created with Sketch. Add RWD (ASX) to my watchlist
(20min delay)
Last
2.8¢
Change
0.000(0.00%)
Mkt cap ! $5.924M
Open High Low Value Volume
2.5¢ 2.8¢ 2.5¢ $36.02K 1.388M

Buyers (Bids)

No. Vol. Price($)
1 70000 2.4¢
 

Sellers (Offers)

Price($) Vol. No.
2.6¢ 54019 1
View Market Depth
Last trade - 14.45pm 28/06/2024 (20 minute delay) ?
RWD (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.