I did warn you when chairman sells so many shares, market really doesn't like that. tpw rbl all down. rbl has good momentum until news about chairman selling. he sold too much shares in one go and the excuse is poor. if he only sold few million dollars at a time, market wouldn't react like this. this has further to fall. look at tpw and kgn, all falling.
plus rbl benefited from covid, markets are selling COVID stocks and the question is whether rbl can keep growing. my concern are chairman selling and the reviews online for rbl products is really bad. they might not get repeat customers. delivery price is really high which stops people buying more. they should offer free delivery and improve their product quality
RBL Price at posting:
$4.77 Sentiment: None Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)