G'day cfp,
The broker I was referring to has been following them for some time and my understanding is that his comments relate to his overall read of the stock and not this trading halt. They got in some time back and are confident that the sp will appreciate significantly over the next 12 months. Needless to say, more funding will be required down the track and traders are also up to their back teeth in the stock (apparently), so retraces are a given. Hope this clarifies my earlier post. All the best.
* To those reading this post, this is not advice so please do your own research.
the next 3 months, page-19
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Last
14.0¢ |
Change
0.005(3.70%) |
Mkt cap ! $57.21M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 14.5¢ | 14.0¢ | $38.93K | 271.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 188823 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.5¢ | 277740 | 3 |
View Market Depth
| Last trade - 16.10pm 19/08/2024 (20 minute delay) ? |
| RXL (ASX) Chart |