A Reserve of 800k ounces should take the share price to above $1.00. I am not so confident but would take that with immense joy.
If the share price does not move north soon I would expect a larger entity to launch a takeover bid. Quoting a 50% share price premium at the moment would make for a very cheap acquisition price per ounce and gold ounces for sale are not abundantly available. Although many of us are scratching our heads wondering why the RXL share price is so low, this can change very suddenly and take everyone by surprise.
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Last
16.0¢ |
Change
0.015(10.3%) |
Mkt cap ! $65.15M |
Open | High | Low | Value | Volume |
15.0¢ | 16.0¢ | 15.0¢ | $83.51K | 553.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 51532 | 15.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
16.0¢ | 153815 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 51532 | 0.155 |
3 | 581149 | 0.150 |
1 | 80000 | 0.145 |
4 | 353765 | 0.140 |
6 | 159673 | 0.135 |
Price($) | Vol. | No. |
---|---|---|
0.160 | 151615 | 3 |
0.165 | 45906 | 4 |
0.170 | 145647 | 3 |
0.175 | 33844 | 4 |
0.180 | 64018 | 3 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
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RXL (ASX) Chart |