Anyone can put up a 40m buy bid at 0.001/0.002..penny stocks...

Anyone can put up a 40m buy bid at 0.001/0.002..
penny stocks like RFN have the ability to multi bag with not much resistance as we think... when you get the perfect storm of retail and broker involvement in speculative markets... look at previous pumps and others similar..,

Look at recent Loyyal ann has close to 50m volume and it would have kept going but looks like it has had a huge wash out.. hence the need for an updated T20.

RFN for over 12 months hasn’t given market a business update hence the shell value and why I personally have been buying anything under Loyyal value...it’s speculative but also a shell.. so happy to keep buying at current value,, (Loading up if it’s still around this lvl in a fortnight prior to AGM)...

Once news flow and deal making starts with strong marketing for a better capital raise it will get pumped back up.... it’s not really wishful thinking. It has to happen
or RFN will actually get belted by ASX for compliance issues....