I fear much worse is coming. A liquidity event is on it's way, as always precedes an overleveraged and excessively indebted economy on the precipice of recession.
In my view, RH missed his window to shine, when he gave up the opportunity to obtain the offered WA mining permit in Jan 2022. He has utterly destroyed value in the share price, thoroughly. Judging by the best comparison to gauge by, Vimy, we should be valued around $750million right now.
And now, I fear it's too late. We are heading into some very difficult years for the global economy, and financial markets.
I fear much worse is coming. A liquidity event is on it's way,...
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Last
26.5¢ |
Change
0.010(3.92%) |
Mkt cap ! $31.87M | |||
| Open | High | Low | Value | Volume |
| 26.0¢ | 27.5¢ | 26.0¢ | $111.3K | 422.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6098 | 26.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.0¢ | 3700 | 1 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| TOE (ASX) Chart |