RCR 10.4% 8.5¢ rincon resources limited

So I've decided to throw my hat into the ring and take a sub 4c...

  1. 189 Posts.
    lightbulb Created with Sketch. 61
    So I've decided to throw my hat into the ring and take a sub 4c position in RCR. The low number of SOI, low MC, relatively OK top 20 share of total holdings (and that they are sitting on big paper losses atm and likely to wait to break even before selling out), impending drilling programme, robust volume and perhaps limited downside pre-results suggest that it is more likely than not to trend up to 5c and perhaps further in the near future. In the event a big run occurs, I'd rather be in now than chasing this at 4c+. GLTAH.
 
watchlist Created with Sketch. Add RCR (ASX) to my watchlist
(20min delay)
Last
8.5¢
Change
0.008(10.4%)
Mkt cap ! $19.46M
Open High Low Value Volume
7.4¢ 9.2¢ 7.4¢ $1.926M 22.41M

Buyers (Bids)

No. Vol. Price($)
4 466603 8.5¢
 

Sellers (Offers)

Price($) Vol. No.
8.6¢ 117222 2
View Market Depth
Last trade - 11.07am 01/05/2024 (20 minute delay) ?
Last
8.5¢
  Change
0.008 ( 13.5 %)
Open High Low Volume
7.4¢ 9.1¢ 7.4¢ 8888413
Last updated 11.24am 01/05/2024 ?
RCR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.