RCR rincon resources limited

Not at all, the opposite is unfolding. I was watching closely...

  1. 14,317 Posts.
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    Not at all, the opposite is unfolding. I was watching closely throughout the day. At the start of trading there was a huge gap sub-2c and it looked dicey. This was deliberate to get final stop losses triggered and create fear to get others to sell. Then once it went below 2c, the support came from nowhere off screen and volume lifted.

    We went below a $5M market cap which is ridiculous given our positive cash position and multiple projects with many commodities in this bull market. Due to this, the market saw amazing value, then volume ramped up as many piled in for ultimate bargains. Those in control saw the opportunistic time to shake the tree, gobble up bargains and soon implement the reversal to their advantage. We should see a decent uptrend from here IMO.

    Although I still hope DL gets the flick! A lot more confidence and even higher volume will arrive after that!
    Last edited by coto: 23/10/24
 
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(20min delay)
Last
1.2¢
Change
0.000(0.00%)
Mkt cap ! $3.510M
Open High Low Value Volume
1.2¢ 1.2¢ 1.2¢ $1.173K 97.71K

Buyers (Bids)

No. Vol. Price($)
2 729397 1.2¢
 

Sellers (Offers)

Price($) Vol. No.
1.3¢ 1546666 3
View Market Depth
Last trade - 15.13pm 24/06/2025 (20 minute delay) ?
RCR (ASX) Chart
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