Looks like to constant selling to drive & keep down the price has been replaced/supported by the reminder that bfs is still a year away (given the penchant for delays).
The obvious result being that Joe Public is VERY unlikely to be interested in getting on board until then, resulting in a capped sp at around this level until the bfs is produced (no certainty of finance until then)
In the meantime capital will be required to keep the wheels turning so we should expect another selfless 'loan' to be given or perhaps a private placement to a friendly 'sophisticated angel' at say 70% of the current sp .... read low 20's .... which will be justified using the recently manufactured 52 week low of 20.5
At this time I guess we should also expect the selfless loans to be converted to equity at the same bargain basement price resulting in and additional 10-20 million shares(10-20% of the co)to the top shareholder.
Call me a cynic .... let's see
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reward minerals ltd
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Looks like to constant selling to drive & keep down the price...
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Last
4.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $10.88M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 4.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.6¢ | 185900 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 0.040 |
1 | 40000 | 0.038 |
1 | 50000 | 0.036 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.046 | 185900 | 1 |
0.059 | 50000 | 1 |
0.062 | 29286 | 1 |
0.065 | 22000 | 1 |
0.000 | 0 | 0 |
Last trade - 16.21pm 19/09/2025 (20 minute delay) ? |
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RWD (ASX) Chart |
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