I think great things are in store for RWD too...qn is how long?
What does concern me a little is SOP supply in the future.
So we have the following companies looking to supply and this is just Aus listed names:
RWD, AMN, SO4, APC, KLL, DNK.
Can the market absorb this supply?
Have a look at Intrepid Potash - IPI in the US.
This stock was trading at nearly $70 in 2008.
This stock is now $1.64.
Preliminary reading suggests drop in MoP is to blame for massive share price drop (but they do SoP as well i think).
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Mkt cap ! $13.44M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
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---|---|---|
1 | 10000 | 5.7¢ |
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Price($) | Vol. | No. |
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6.2¢ | 91525 | 1 |
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No. | Vol. | Price($) |
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1 | 10000 | 0.057 |
1 | 8895 | 0.055 |
1 | 77431 | 0.034 |
1 | 38720 | 0.025 |
1 | 78714 | 0.023 |
Price($) | Vol. | No. |
---|---|---|
0.062 | 91525 | 1 |
0.065 | 50000 | 1 |
0.069 | 10000 | 1 |
0.070 | 34351 | 1 |
0.075 | 35000 | 1 |
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