RR1 reach resources limited

Interesting you mention the heads lagging A. I still don't think...

  1. 4,013 Posts.
    lightbulb Created with Sketch. 777

    Interesting you mention the heads lagging A. I still don't think a lot of people truly comprehend the effect oppies leverage can have on the profitability of a trade/investment. Below comparison based on a heads (FPO) SP of 3c and based on a SP of 1.5c heads and 0.006 tails and initial investment of $20k

    $20k profit if you bought heads
    $46,666 profit if you bought options

    Food for thought for anyone looking to enter RR1

    Can't wait for assays!
    Last edited by prolifix: 24/08/23
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
1.0¢
Change
-0.001(9.09%)
Mkt cap ! $8.744M
Open High Low Value Volume
1.0¢ 1.0¢ 1.0¢ $3.221K 322.1K

Buyers (Bids)

No. Vol. Price($)
6 1036910 0.9¢
 

Sellers (Offers)

Price($) Vol. No.
1.1¢ 1240913 5
View Market Depth
Last trade - 10.26am 31/07/2025 (20 minute delay) ?
RR1 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.