Pete,
You well know the market in the short term is a voting machine. Bonitas has rattled the market (the electorate), so it is not surprising that RFF are not getting the same investor (voter) support as they were getting last week. But over time, the market, being a weighing machine over the longer term, will be calm enough to weigh RFF again and the share price will revert to an expression of the underlying value.
RFF Webinar, page-146
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Last
$2.09 |
Change
0.040(1.95%) |
Mkt cap ! $807.5M | |||
| Open | High | Low | Value | Volume |
| $2.05 | $2.10 | $2.05 | $1.146M | 549.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 21487 | $2.08 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.09 | 11844 | 14 |
View Market Depth
| Last trade - 15.39pm 12/07/2024 (20 minute delay) ? |
| RFF (ASX) Chart |