This is my take on RXL for the next few months....
The SP is expected to float between 6-7c including all the pending assays not yet released.
Something significant needs to happen for the big uplift in SP and that will happen once the JORC is upgraded. (perhaps November)
At that point, RXL becomes a significant TO target because the company has proved up real value.
So until then, turn your computer off and set your alert for 15c , then take a look.
If You're still not convinced, take a look at the fantastic Ann's pre May 2020 to August 2019 last year, the SP floated mostly between 2-3c.
IMO, DYOR
RXL chart, page-2288
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Last
13.3¢ |
Change
-0.003(1.85%) |
Mkt cap ! $55.43M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 13.5¢ | 13.3¢ | $1.014K | 7.642K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 577264 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 159086 | 3 |
View Market Depth
| Last trade - 12.37pm 01/10/2024 (20 minute delay) ? |
| RXL (ASX) Chart |