Agree its oversold but i think its being kept low just like all the material stocks on macro issues and Chinese slow down concerns. Acorn just recently spent 7M at 85c per share so they think its good value. Rxm mentioned they will still have 40m in cash left for long lead items prior to Bankable feasibility stage. Off-take partners money plus bank money should see us get construction underway unless a t/o doesn't happen first. Directors holding around 8% and haven't sold any despite us coming down off 3.50 levels over the past 12 months.
most undervalued stock on market, page-5
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Last
46.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $360.3M | |||
| Open | High | Low | Value | Volume |
| 46.0¢ | 46.3¢ | 46.0¢ | $355.0K | 771.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 5002329 | 46.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 46.5¢ | 8936312 | 53 |
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| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| RXM (ASX) Chart |