1) Looks like the share price was up on the day.
2) “Those in the know” (ie the CEO of the company) have bought shares recently.
3) We all know that a CR is inevitable. That is no secret but it may be next week or in a couple of months time. After the last CR the share price jumped from $0.165 to $0.40. A CR at whatever price it comes at does not put a permanent floor on the share price.
4) There are several producers with a current AISC profile of > $AUD$2,000 per ounce and RXL’s high margin , high grade deposit is inherently a very attractive gold asset.
RXL to re rate this year. Target 75 cps, page-83
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Last
12.0¢ |
Change
0.005(4.35%) |
Mkt cap ! $47.21M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 12.0¢ | 11.5¢ | $87.28K | 747.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 113343 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 106665 | 5 |
View Market Depth
| Last trade - 13.16pm 10/10/2024 (20 minute delay) ? |
| RXL (ASX) Chart |