I agree but 10c or even 5c would also be great entry levels.
The timing of the CR was extremely poor. The share price was in the mid 30’s for many weeks and recently there has been very little volume available under $0.25.
An alternative view is that with the uncertainty of an imminent CR gone that the share price will actually go up rather than down.
Ann: Trading Halt, page-20
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Last
15.0¢ |
Change
0.005(3.45%) |
Mkt cap ! $61.08M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 15.0¢ | 14.5¢ | $48.80K | 336.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 20758 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 19161 | 1 |
View Market Depth
| Last trade - 16.10pm 30/07/2024 (20 minute delay) ? |
| RXL (ASX) Chart |