My thoughts re $3-$4 is based on the valuation of 1PG.
They have little or no revenue after nearly 12 months on the market (that is for a $700-800M valuation).
RFN has line of site to significant revenue and when they enter the Asian markets and US market I believe the SP will rise significantly.
A $4 SP for RFN would only equate to a $400M valuation vs $800M for 1PG.
You tell me; on what basis 1PG is trading on such a high valuation, I don't get it.
Anyway, RFN looking good, and who knows where it may end up!
My thoughts re $3-$4 is based on the valuation of 1PG. They have...
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Last
0.3¢ |
Change
-0.001(25.0%) |
Mkt cap ! $1.506M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.3¢ | $53.77K | 17.79M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 14630000 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 8119975 | 4 |
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| Last trade - 10.26am 24/06/2024 (20 minute delay) ? |
| 1TT (ASX) Chart |