"However, if commercial quantities are discovered you should see the SP reflect just that while ROG still hold the 20%.
As a butt pluck, say it shot to 2c (staying conservative). You've just tripled the MC to at least 20Mil prior to any exercise of the ERM option."
Can't agree with you here Gaspew...Why would anyone in their right mind buy ROG up to 2c when the upside is capped at $10 mil?...That would be like someone paying full price for a suit at David Jones when they know it will be on sale next week
There is nothing to miraculously come out of the woodwork...we have all understood the terms of the deal correctly. ROG have sold us out..pure and simple
"However, if commercial quantities are discovered you should see...
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Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $32.53M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.8¢ | 0.8¢ | $182.1K | 22.77M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 25 | 36939618 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 11435752 | 15 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| ROG (ASX) Chart |
