On further research I notice the buy - sell spread is quite wide so large % movements can occur on little to no volume. Also 36m shares and 3.3m options which were restricted from trading become unrestricted Jan 31st and can be traded. Might be worth just waiting to see if any of the insiders sell which could create some churn. I also need to get my head around the total shares and options (seems quite a lot) as my 55m may not be accounting for full dilution. Anyway doesn’t take away from the first up look that this is a micro cap with potential.
On further research I notice the buy - sell spread is quite wide...
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Last
10.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $15.35M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 10.5¢ | $1.318K | 12.54K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3076 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 37000 | 2 |
View Market Depth
| Last trade - 10.12am 07/10/2024 (20 minute delay) ? |
| RCL (ASX) Chart |