DR would call this an known-unknown / unknown-known situation.
The reason for a 60% price collapse since the drilling started may be due to someone knowing what is unknown to the market: That a new Jundee type deposit was not located at Coralie Jean where predicted.
So for punters on the other side of the information flow, whilst the drill results are as yet unknown, what van be inferred as 'known' from the market action since drilling started is that a Jundee type deposit has not been found.
Best we can probably hope for at this stage is a couple of 2m intersects of 3gt Au, and maybe a thesaurus has to come off the shelf as we cannot use 'promising' or 'encouraging' again. How about 'An auspicious start'?
- Forums
- ASX - By Stock
- Ann: Quarterly Activities and Cashflow Report
DR would call this an known-unknown / unknown-known situation....
-
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RNX (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $10.24M |
Open | High | Low | Value | Volume |
0.6¢ | 0.7¢ | 0.6¢ | $8.62K | 1.391M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 2678097 | 0.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.7¢ | 310684 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
14 | 2073149 | 0.007 |
7 | 2947276 | 0.006 |
2 | 400009 | 0.005 |
5 | 900249 | 0.004 |
3 | 2199000 | 0.003 |
Price($) | Vol. | No. |
---|---|---|
0.008 | 63102 | 1 |
0.009 | 2935326 | 7 |
0.010 | 2536203 | 5 |
0.011 | 1000000 | 1 |
0.012 | 359985 | 3 |
Last trade - 16.10pm 25/11/2024 (20 minute delay) ? |
Featured News
RNX (ASX) Chart |
The Watchlist
ACW
ACTINOGEN MEDICAL LIMITED
Andy Udell, CCO
Andy Udell
CCO
SPONSORED BY The Market Online