As a matter of interest, Commsec is now warning investors to be very wary of investing in this Company. Thats the information l get on my trading platform. Valuations are all over the shop. A few days ago, Morning Star was giving MXC a fair value of 7 cents. Yesterday, it was down to 6 cents. Talk about sitting on the fence. Has anyone got a clue? Personally l think its way over valued at even 5.2 cents. Too many things dont add up. I doubt very much that even the next 2 quarters are going to produce levels of income to justify a 60 million dollar valuation. Good luck if management think they can capital raise with a tumbling SP and a sceptical market. As for my own circumstances, decisions decisions. Totally convinced sells at 7.5 are not going to be triggered. If l sell all out today, another 23k loss. If l wait another 2 weeks SP could be in the 3 cent range. What a dilemma. The optomist says it has to bounce, but thats not how the market is reacting. The hardest thing to do when in the red is to hit that sell button.
- Forums
- ASX - By Stock
- RGT
- Plan B = competence
Plan B = competence, page-4
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RGT (ASX) to my watchlist
(20min delay)
|
|||||
Last
48.5¢ |
Change
-0.065(11.8%) |
Mkt cap ! $24.20M |
Open | High | Low | Value | Volume |
50.5¢ | 51.0¢ | 45.0¢ | $44.31K | 92.84K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 508 | 46.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
50.5¢ | 1416 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 508 | 0.465 |
2 | 24387 | 0.460 |
1 | 1000 | 0.410 |
1 | 25000 | 0.400 |
1 | 2000 | 0.350 |
Price($) | Vol. | No. |
---|---|---|
0.505 | 1416 | 1 |
0.510 | 3960 | 1 |
0.570 | 2662 | 2 |
0.575 | 650 | 1 |
0.650 | 45000 | 1 |
Last trade - 15.06pm 10/10/2024 (20 minute delay) ? |
Featured News
RGT (ASX) Chart |
The Watchlist
RCE
RECCE PHARMACEUTICALS LTD
James Graham, MD & CEO
James Graham
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online