RHK 3.57% 87.0¢ red hawk mining limited

embarrasing, page-2

  1. 2,473 Posts.
    lightbulb Created with Sketch. 32
    yes i agree.

    it is embarrasing when "investors" in Australia push up stocks like FMS to a market cap close to $200m but sell down a companies like NAB, BHP etc that have earnings and are real businesses.

    stocks like FMS should not have a market cap of anywhere near $200m. but when you get a few hundred punters all in the same stock what do you expect? plus a few dumb as retail brokers getting in an out to generate some brokerage creates a fools paridise.

    if i was in management of a company i would love to put out annaoucement and say we were drilling for water but hit some iron if it sent the share price up 20%. going on previous track records of the management of FMS dont be surprised in a few days if they put out an announcement and correct the Fe find and disclose something else.

    there are better quality stocks out there with better resources than FMS, dont get sucked in to thinking that just because it went up on Friday it is a good stock, beware of the hurd on FMS, its all speculators.
 
watchlist Created with Sketch. Add RHK (ASX) to my watchlist
(20min delay)
Last
87.0¢
Change
0.030(3.57%)
Mkt cap ! $173.8M
Open High Low Value Volume
84.5¢ 87.0¢ 84.0¢ $3.179K 3.714K

Buyers (Bids)

No. Vol. Price($)
1 1704 84.0¢
 

Sellers (Offers)

Price($) Vol. No.
87.0¢ 1323 1
View Market Depth
Last trade - 16.10pm 26/06/2024 (20 minute delay) ?
RHK (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.