Crazy market depth. A lack of buyers.
- If a big seller appeared, not sure how they'd be able to sell. Though some buyers may appear if it fell enough (me at <$0.08).
- The current price is the equilibrium point with this lack of buying demand. If a big buyer appeared, it could rise a lot. They'd still only get $20k worth up to $0.125, unless they have patience to wait a month.
Is the company good enough to become a takeover target? Since that's the only way we get lots of liquidity... Or will they ever become a dividend payer (which is similarly good as liquidity)?
The growth rate looks good, and margins are at record levels (after cost control), maybe breaking to cashflow positive soon - 1 quarter? Next quarter, we'll have a little boost from the WA delayed payments too.
+100% SP YoY anyway. Only down 80-90% from peak.Still feels like a strong hold.
It feels like a strong case for a small buy-back if they go cashflow positive.
- Forums
- ASX - By Stock
- RCL
- Ann: Notification of Expiry of Options
RCL
readcloud limited
Add to My Watchlist
4.35%
!
11.0¢

Ann: Notification of Expiry of Options, page-2
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
11.0¢ |
Change
-0.005(4.35%) |
Mkt cap ! $16.89M |
Open | High | Low | Value | Volume |
11.0¢ | 11.0¢ | 11.0¢ | $3.526K | 32.05K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 100243 | 11.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
12.0¢ | 360137 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 100243 | 0.110 |
3 | 230850 | 0.100 |
1 | 5250 | 0.095 |
1 | 7000 | 0.087 |
1 | 40500 | 0.086 |
Price($) | Vol. | No. |
---|---|---|
0.120 | 360137 | 3 |
0.125 | 64687 | 2 |
0.130 | 80000 | 2 |
0.135 | 2670 | 1 |
0.140 | 59948 | 2 |
Last trade - 12.46pm 16/06/2025 (20 minute delay) ? |
Featured News
RCL (ASX) Chart |