Agree that's why I hold 88E, RMP and OEL
Each one has its own characteristics and would behave differently upon Winx news good or bad.
With 88E plans for IW and YG we can see not much other than F/O is happening to them this calendar year - refer presso below.
So really both 88E and RMP price catalyst is riding on the Winx drill.
88E May get some sp movement on the F/O news but that depends on what deal is struck.
88E sitting on a market cap of $120 mil currently I believe the market has already given us fair value on our holdings on IW and YG excluding Winx drill outcome. Rarely does the market attribute blue sky potential value upon a company's prospects so i think one should not get carried away with IW and YG and be blinded with hope.
One may get excited at the potentials of IW and YG but their explorations still need to be funded for and any drills is at least a year away.
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Agree that's why I hold 88E, RMP and OELEach one has its own...
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $57.86M |
Open | High | Low | Value | Volume |
0.1¢ | 0.2¢ | 0.1¢ | $36.27K | 18.37M |
Buyers (Bids)
No. | Vol. | Price($) |
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513 | 1362076154 | 0.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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0.2¢ | 80829293 | 29 |
View Market Depth
No. | Vol. | Price($) |
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392 | 1227558997 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
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0.002 | 5375412 | 5 |
0.003 | 578667432 | 226 |
0.004 | 223019047 | 110 |
0.005 | 59085042 | 48 |
0.006 | 35128234 | 35 |
Last trade - 16.10pm 19/11/2024 (20 minute delay) ? |
88E (ASX) Chart |