market cap means nothing. typically you look at market cap to compare to other companies in the SAME position.
RGL is in the same position as FIN at 1.4cents
Yes rxl clearly has a lot of shares and theres been a lot of diluting going on, but their spec is justified. RGL has no fundamental data to go off. So im asking how do you justify a 9.4c stock with nothing but a low market cap. companies dont rise and fall because of a low market cap.
RXL has super high grade at a descent metrage. They will obviously show descent amount of resource, and will it be like DEG OR BGL who knows, but i think they are already justified atm, but i can see it consistently rising, and i dont even own shares in rxl.
RGL was like 4 cents and tolga posts his opinion and BANG! hype.
I wouldnt be surprised if this stock ends up back at 5cents. I hope it doesnt for the sake of peoples money but you cant go around posting fake prices with nothing but a low market cap, its just setting some people up for massive losses in the future, especially if their exploration isnt feasible.
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Last
0.7¢ |
Change
0.001(16.7%) |
Mkt cap ! $8.467M |
Open | High | Low | Value | Volume |
0.8¢ | 0.8¢ | 0.7¢ | $259.8K | 34.17M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 4299526 | 0.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.8¢ | 6686426 | 13 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 4299526 | 0.007 |
22 | 7999263 | 0.006 |
37 | 15681851 | 0.005 |
13 | 7299444 | 0.004 |
11 | 13946667 | 0.003 |
Price($) | Vol. | No. |
---|---|---|
0.008 | 6686426 | 13 |
0.009 | 6945497 | 15 |
0.010 | 3739626 | 9 |
0.011 | 3192850 | 7 |
0.012 | 185635 | 2 |
Last trade - 16.10pm 15/07/2024 (20 minute delay) ? |
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