Hi PB...nice to see you here. today is the biggest volume day since July....but as you rightly point out not in the same ball park as "that" day in July..... hopefully todays ann. will act like a huge dose of zantac and gaviscon.
But it may take investors a week or 2 to digest. MII is a peer to RXL. They had a significant cap raising on OCT 6th at a premium....the cornerstone investor paid 10.5c but MII traded in low 9s for a while after. Only since yesterday has MII started trading at or above the placement price.
Maybe now is the best time to buy. The pieces of the puzzle are now all in place and SP may start drifting north soon.
cup handles.....for giants, page-3
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Last
13.5¢ |
Change
-0.005(3.57%) |
Mkt cap ! $55.17M | |||
| Open | High | Low | Value | Volume |
| 14.0¢ | 14.0¢ | 13.5¢ | $25.78K | 189.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 11707 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 67814 | 3 |
View Market Depth
| Last trade - 13.13pm 16/08/2024 (20 minute delay) ? |
| RXL (ASX) Chart |