RC1 0.00% 1.7¢ redcastle resources limited

Morning mate, Broker data below pershing were main seller but...

  1. 10,025 Posts.
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    Morning mate,

    Broker data below pershing were main seller but have recently been a buyer they finished selling heavy awhile back along with hartleys ... Basically as Michael has said traders just having a war through ComSec which is fine and if you look at the volumes ComSec and Westpac(Ausinv) are 55% of the volume ....

    TTL.PNG

    This is shaping up very nicely and with overall spec life showing some money coming back in. Specs with low Evs and High cash will be the first to run back up to fair value which at present is not 2.3c lol .... Mc 4m ..... Cant really base predictions of a illiquid specs via a chart as its to volatile on any price move and lets just say 1 person can drop the price 10%+ on any given day... This is a FA play with a class re_rate register and looking forward to july onwards as assuming many stocks dont push news in MAY/JUNE to weed out the ferals ....


    TS
    Last edited by tradesurfer: 10/06/18
 
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