RCR rincon resources limited

Ann: Strong Results and Capital Raising to Support Future Growth, page-13

  1. 703 Posts.
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    Marko,
    Congrats on your 100% gain,
    but which stat would you have me check?

    Doubtless the share price will respond when they go ex div, but the $1.00 price gain since immediately before the results announcement rather swamps whatever will be the effect of a $0.06 unfranked dividend.

    The average daily volume since the results came out is 2.5 times the average for the year to date. 9.5% of the pre-raising shares on issue have turned since the results. Some of that turnover is doubtless due to rebalancing consequential to the raising, but any such rebalancing should have put downward pressure on the price, not upward.

    Somebody has been keen to buy.

    Cheers
 
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Last
1.5¢
Change
0.001(7.14%)
Mkt cap ! $4.388M
Open High Low Value Volume
1.4¢ 1.5¢ 1.4¢ $6.36K 430.6K

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No. Vol. Price($)
2 567079 1.4¢
 

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Price($) Vol. No.
1.5¢ 881385 3
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