I would compare the market.
If 88E has a true MC of $120M right now than RMP MC $20M is ridiculously undervalued.
IMO, it is perfectly reasonable to think RMP MC should be much closer if not more 88E MC. Further, every 1 cent in SP in 88E is $60M MC, whereas with RMP it is $4M MC.
Something sure is not stacking up here!!
LSE Tonight, page-15
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Last
2.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $11.50M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 56316 | 1.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.0¢ | 387013 | 2 |
View Market Depth
| Last trade - 07.01am 08/10/2024 (20 minute delay) ? |
| FME (ASX) Chart |
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