Old Nosetradamus got this one right with RIM touching on 4.4 cents earlier today. By the end of the year we will be sitting between the mid-high (3.8c) and the mid-low (1.9c) ranges, IMO.
With GPR Arbitration in March 2025 being a likely condition precedent to future litigation(s) RIM remains a very unstable entity.
It has been laughable where a select few HC posters suggest a near term SP of 10-20 cents. The most ridiculous claim came from @Jockeyboy - where he referred to, "...unofficial" discussions involving the US govt, Musk and RIM" . Then suggested Elon Musk may bid RIM at $10B. RIM's MC is today $120M and will likely be more like $60M by years end.
RIM is a lame duck who will never do more with its mineral leases than it is today. They are not a real player. If you want a speculative scandium punt AUZ looks like a better horse with a MC of $18M there is more potential upside. DYOR.
Price Predictions Open/Close, page-45
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Last
4.8¢ |
Change
-0.003(5.88%) |
Mkt cap ! $113.0M | |||
| Open | High | Low | Value | Volume |
| 5.1¢ | 5.2¢ | 4.4¢ | $130.6K | 2.836M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 151934 | 4.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.0¢ | 851357 | 2 |
View Market Depth
| Last trade - 15.50pm 15/11/2024 (20 minute delay) ? |
| RIM (ASX) Chart |