thank you for your explanation, but I see it differently.
RNU, M/C is $609.46 million.
RNU, SOI are 2.5 billion.
Are the SOI holding down the share price or pushing it up ?
Share price (on the close), 0.26 cents.
IG6, M/C is $21.12 million.
IG6, SOI are 88.99 million.
Are the SOI holding down the share price or pushing it up ?
Share price (on the close), 0.248 cents.
In my own opinion, RNU shares on issue are holding it back.
Again in my opinion, IG6 shares have pushed it too far up the price line.
But as management issue more shares the price will fall, as is happening now.
The M/C rises or falls,
ONE, To keep that share price climbing needs some very good announcements.
TWO, The company announcements (good or not so good), the herd pile in or out.
But the buyers and the sellers make the M/C happen.
Best announcements in the world won't make the M/C move without buyers and sellers.
That in my opinion is the M/C.
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Last
7.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $15.09M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 6999 | 7.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.8¢ | 16666 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 6999 | 0.075 |
2 | 18000 | 0.070 |
1 | 50000 | 0.067 |
1 | 72370 | 0.066 |
1 | 8000 | 0.064 |
Price($) | Vol. | No. |
---|---|---|
0.086 | 7000 | 1 |
0.087 | 250564 | 1 |
0.090 | 20000 | 1 |
0.092 | 107500 | 1 |
0.095 | 1500 | 1 |
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