Open to discussion but from what I see RXM is turning over relatively lower volumes than other Copper Developers, especially in the Cu environment at present.
I attribute that more to sellers taking a "hard position", being denuded* of "Weak hands". I believe it will result in a trampolining effect in SP when JV is executed.
All IMVHO.
* I get to pick my turn of phrase.
Who is going to get a bargain!, page-893
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Last
44.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $337.8M | |||
| Open | High | Low | Value | Volume |
| 44.0¢ | 44.5¢ | 43.5¢ | $488.0K | 1.109M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 159571 | 44.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 44.5¢ | 1546155 | 26 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| RXM (ASX) Chart |