Would be really good to see a strategy rolled out to increase shareholder value. The last few years has seen the company embroiled in disputes and negotiations, so understandably comms haven't been the best.
But now that the agreement is sealed, Mt Labo is moving ahead, and the Villars are on board, the company should start turning its mind on how to increase the share price.
The price is trading at way lower than it should be, considering the upside with Mt Labo alone, and the fact it is heavily cashed up. RTG is unlikely to ever need to do a capital raise again.
The remaining noise on Galeo is just that IMO - Villars will easily crush Galeo in any objections.
Some of my views on what the company should do to increase the price:
- More regular announcements / updates
- Buy a further exploration project with good upside
- Investor conferences / webinars - get the word out to other investors
One of the biggest share price problems is that it reduces or increases off tiny volumes being sold - purely because not enough people know of this company.
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Last
4.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $45.56M |
Open | High | Low | Value | Volume |
4.2¢ | 4.2¢ | 4.2¢ | $1.1K | 26.19K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 225000 | 3.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.2¢ | 44851 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 225000 | 0.036 |
1 | 573184 | 0.035 |
1 | 150000 | 0.033 |
1 | 350000 | 0.032 |
1 | 80000 | 0.018 |
Price($) | Vol. | No. |
---|---|---|
0.042 | 44851 | 2 |
0.044 | 750000 | 3 |
0.045 | 50000 | 1 |
0.046 | 129411 | 2 |
0.047 | 167000 | 3 |
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