$10 Million Market CapYeah guys c'mon........no speculating during a 3 day halt lol
I agree traders dont like long halts.....I hate them too and from my experience they usually dont live up to the hype.....however with ROG I think its a little different as there is not really any hype or expectation built into the SP at the moment....at .36 its sitting just a few cents above its recent base and about .20 off its recent highs from the last NR
Also here is something to consider if playing this thru RVS 40% of the property.......lets just say for fun that the news is outstanding and ROG SP doubles from .36 to .72 that would take their Market Cap from approx $10 million to $20 million adding about $10million in Market Cap......now RVS own 40% of the property so in this scenario that would add about $8 million in Market Cap for them taking RVS from about $80 Million to $88 Million Market Cap for approx 10% gains compared to 100% gains for ROG.........that is the power of a small Market Cap and low outstanding shares.
Not saying ROG is going double on this news.......it obviously all depends on the news.......but they have such a low MC it might not take that much IMO
Now bring it already ROG