updated my file for completeness.
Today was a total joke, compared to yesterday.
We had the 2nd highest volume yesterday with VWAP close to 3.9c for the day.
Today we had a slightly above average day and the VWAP was 3.35c, but was closed down to 3.2c.....lol
The past month we have had a VWAP of 3.8c.
The stock is not over valued nor has it gone on a massive run and is overbought!!
3.2c = $7m MC with ~$2.5m cash
West Arunta explorers closed the day as follows:
RCR down 11%
MTM down 1%
WA1 down 1%
CGR flat
LYN up 5%
RCR oversold today and yesterday, when compared to its peers.
RCR is down close to 24% from yesterdays high!
The current price is below the CR price, but most of the flippers have now left the building.
Drilling to commence this month at West Arunta.
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