Even if it isn't a proposal to mine the CR will add cash to the kitty and dispel any concerns over tight budgeting.
The CR has been on the table for a while now and can explain why the SP has been trending sideways on low volume for a while. The market has been waiting for this imo
after a short retrace I'm expecting it to reach levels higher than the previous break out.
On technical levels it still needs a bit of time to play out unless the news puts a rocket under it and the 50MA crosses the 200 putting us back into a bullish trend.
Ann: Trading Halt, page-49
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Last
13.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $52.91M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 14.0¢ | 13.0¢ | $156.1K | 1.178M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 521631 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 7922 | 1 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| RXL (ASX) Chart |