RHK 0.00% 83.0¢ red hawk mining limited

predictions, page-5

  1. 875 Posts.
    I'll punt!
    As I write this the DOW for tonights trade is flat.
    I think FMS has shown strength until today and just went under .155 and down to $0.15c.
    I doubt that a 1 for 7 has given people enough shares to go crazy. I expect some seeling pressure increase but I think this will largely run with the market rather than reflect the rights issue.
    Therefore, if commodities run up I think this will have upward pressure despite some people selling into it.
    The danger for holders is that the market turns angry again - if so, this will get smashed like all others.

    Oh, the joy of volatilty!

    I'll be very surprised if my 13c a share on the 1 for 7 turns out a poor decision. If it is every other share will be trading down 10%+ IMHO.

    The real upside is coming in announcements we can hope for before end Dec.
 
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Last
83.0¢
Change
0.000(0.00%)
Mkt cap ! $165.8M
Open High Low Value Volume
83.0¢ 83.0¢ 83.0¢ $199 240

Buyers (Bids)

No. Vol. Price($)
1 1471 68.0¢
 

Sellers (Offers)

Price($) Vol. No.
83.0¢ 10545 1
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Last trade - 14.43pm 17/09/2024 (20 minute delay) ?
RHK (ASX) Chart
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