It's generally not a positive thing for a company's share price to go down, as it can indicate a lack of confidence from investors and a potential loss of value for shareholders. However, in some cases, a drop in share price before the release of a JORC report can be seen as a positive thing. (hoping this is the case)
One reason for a drop in share price before the release of a JORC report could be due to uncertainty or speculation. Investors may be unsure of what the report will reveal and may be selling off their shares in anticipation of potentially negative news. This can cause the share price to drop in the short term, but WHEN?? JORC report is positive, the share price may recover quickly. While a drop in share price before the release of a JORC report is not always a positive thing, it can create opportunities for investors who believe that the market has overreacted or who have a longer-term investment horizon on RTR.
If you are heavily invested in RTR like me and the day-to-day fluctuations are causing discomfort, it is still crucial to maintain a long-term focus and believe in our RTR and the focus on 100-120MT resource that we believe we have.
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It's generally not a positive thing for a company's share price...
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Last
3.4¢ |
Change
-0.002(5.56%) |
Mkt cap ! $25.71M |
Open | High | Low | Value | Volume |
3.5¢ | 3.5¢ | 3.4¢ | $32.16K | 919.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 676175 | 3.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.5¢ | 197972 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 676175 | 0.034 |
2 | 484961 | 0.033 |
4 | 276165 | 0.032 |
2 | 342500 | 0.031 |
4 | 327166 | 0.030 |
Price($) | Vol. | No. |
---|---|---|
0.035 | 197972 | 1 |
0.037 | 170936 | 2 |
0.038 | 174102 | 3 |
0.039 | 240000 | 1 |
0.040 | 420000 | 3 |
Last trade - 16.10pm 01/08/2024 (20 minute delay) ? |
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