Agree. But some of it is the stock itself. I have been watching the response to each successive announcement for months. The initial flurry of buying has been weaker and weaker every time, following which it is unable to hold onto the gains. Culminating in todays announcement which was met immediately by a fall. Being added to the short list certainly hasnt helped BUT on the flip side it does create the chance of a 'short squeeze' on the back of good news.
With the factors you mention there is a flight away from risk when uncertaintly exists. And without any sales to speak of that is what RHY represents at the moment. I have little doubt if they can land just one national screening program the SP will fly but until then its difficult to know where the fall will stop.
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Last
7.0¢ |
Change
-0.003(4.11%) |
Mkt cap ! $17.40M |
Open | High | Low | Value | Volume |
7.3¢ | 7.3¢ | 7.0¢ | $2.527K | 34.64K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5882 | 7.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.6¢ | 12800 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5882 | 0.070 |
1 | 35000 | 0.064 |
1 | 100000 | 0.062 |
1 | 5000 | 0.061 |
1 | 10000 | 0.060 |
Price($) | Vol. | No. |
---|---|---|
0.076 | 12800 | 1 |
0.077 | 12974 | 1 |
0.080 | 1140 | 1 |
0.084 | 43251 | 2 |
0.085 | 17407 | 1 |
Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
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RHY (ASX) Chart |