Agreed.
To me this stock is all about momentum and news. New contracts, new stores, continual volume increases....
Given the rubbish on the ASX that gets traction, it's easy for me to see a path for this to get to 150m Market Cap, if the model works and we get strong momentum. From here that's 10x.... crazy to think.
Perhaps it's right that RLG doesn't have much upside factored in right now (or at least that's what it feels like). The wins are fairly new, the revenue model is unclear and unproven, the momentum is patchy, the stores are slow to launch, and news on China in general is not that positive... plus COVID as well...
With all that said - I'm super excited about the future here. As you mention @samstunning we are perhaps 1 good product/name/brand away from a compelling story that will give us huge traction. Only time will tell.
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.371M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 2342247 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 4650000 | 7 |
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| Last trade - 16.21pm 30/06/2025 (20 minute delay) ? |
| RLG (ASX) Chart |
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