Not sure about the pessimism of the volume.
For every seller there is buyer.
Results are pending / imminent.
Based on the spike in volume I topped up again today.
The market pricing is ridiculuos at $18.5m given there is $8.6m cash in the bank the upside potential is huge. The downside only a few pips from here so from a risk reward perspective its a no brainer I think. But Im usually wrong so DYOR.
Ann: RIU Conference Investor Presentation, page-5
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.793M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $2.64K | 880K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 75 | 162708884 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 48807986 | 26 |
View Market Depth
| Last trade - 16.10pm 27/06/2024 (20 minute delay) ? |
| HLX (ASX) Chart |