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5.1¢ rincon resources limited

LOL. Spoke too soon.Straight back to your predictable,...

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71 Posts.

13

20/06/24

21:00

Post #: 74414881
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Originally posted by Trade4Profit88: ↑

ENR's M/C is $160m, and the highest MC was $220m
say if RCR can make the Niobium discovery at Avalon
what will the MC be? 100m? or 160m to match ENR or the same MC as ENR?
at 15c RCR will have MC of $43m, then from 43 to 100 that's about 130% gain
so if RCR's share price jump too high there will be less upside when a discovery comes
in that theory the s/p will be kept within certain price range
my prediction will be $20-30m or 7-10c
and if bad assay from Pokali is out then it may drop further but should be back within the range
if anything higher than this should be considered as a "sell"
good example is CGR when it went up to 40c+
you can buy CGR at less than that price now and better RvR

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LOL. Spoke too soon.

Straight back to your predictable, distracting bells and whistles technique - typical Trade4FA MO.

But hey, one not unreasonable post out of 10 billion is defs an improvement.

RCR Price at posting: 10.5¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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(20min delay)
Last 5.1¢		Change -0.026(33.8%)		Mkt cap ! $14.85M

Open	High	Low	Value	Volume
6.6¢	7.1¢	5.0¢	$2.170M	37.28M

Buyers (Bids)

No.	Vol.	Price($)
3	530415	5.1¢

Sellers (Offers)

Price($)	Vol.	No.
5.2¢	280000	4

View Market Depth

No.	Vol.	Price($)
3	530415	0.051
15	666368	0.050
4	126624	0.049
2	250000	0.048
2	76100	0.046

Price($)	Vol.	No.
0.052	130000	3
0.053	10000	1
0.054	221042	3
0.055	17924	1
0.056	50000	1

Last trade - 16.10pm 30/07/2024 (20 minute delay)

RCR (ASX) Chart

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