I suspect that someone or an organisation is trying to get a major stake in RHT.
The sp has been forced down on low volume from the spike in Jan. Now we have a sell of 800,000 at .05c just to frighten out the doubters. This amount at current trading volumes is a fair wack.
If there is a significant shortfall I have no doubt this will be placed with "someone"
They want the stock and they want the control of this company.
When you look at the business model, it is a ready made cash cow with low overheads. All the ingredients are in place, products, FDA approvals, global distribution, minimal overheads and a revenue stream that is about to be in the black.
It is ready made.
I am now of the belief that within the next 12 months, a major rerating of this company will occur.
Not just a spike.
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Last
6.4¢ |
Change
0.003(4.92%) |
Mkt cap ! $28.60M |
Open | High | Low | Value | Volume |
6.4¢ | 6.4¢ | 6.4¢ | $2.187K | 34.17K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 19354 | 6.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.5¢ | 10000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 19354 | 0.061 |
1 | 20000 | 0.060 |
1 | 28000 | 0.058 |
1 | 100000 | 0.057 |
1 | 23927 | 0.055 |
Price($) | Vol. | No. |
---|---|---|
0.065 | 10000 | 1 |
0.068 | 100000 | 1 |
0.070 | 275189 | 3 |
0.078 | 50012 | 2 |
0.079 | 16000 | 1 |
Last trade - 10.28am 09/08/2024 (20 minute delay) ? |
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RHT (ASX) Chart |