To illustrate your point BGL slumped about 12% after its CR and came roaring back today.
BGL has completed the feasibility process and RXL is just starting but now has the funds to progress to a DFS
BGL valuation is $1.2B against RXL's $30.3m.
It's possible that Rox will also come roaring back, today the share price at close was lower than the Bollinger Bands and the Price Channel.
My Opinion DYOR
To illustrate your point BGL slumped about 12% after its CR and...
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 (20min delay)
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Last
27.0¢ |
Change
-0.020(6.90%) |
Mkt cap ! $201.6M | |||
| Open | High | Low | Value | Volume |
| 29.8¢ | 30.0¢ | 27.0¢ | $1.298M | 4.692M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 221617 | 27.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.5¢ | 3500 | 1 |
View Market Depth
| Last trade - 16.10pm 01/08/2025 (20 minute delay) ? |
| RXL (ASX) Chart |