I am calling the bottom here at 21.5c today.
The selling volume is not convincing to me as it has been tapering off the last three days: 850k then 570k and today only 265k so far despite and absolute bloodbath in base metals and related stocks. Zinc was down a staggering 6% overnight and clearly not much panic dumping happening on OVR.
For this to go lower I think it would need another +4% plummet in Zinc prices overnight and a second mining sector bloodbath.
Now 20% below the **average** price traded over the last 30 days: 12.7% of issue at 27c average.
I am calling the bottom here at 21.5c today.The selling volume...
Add RNX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.9¢ |
Change
-0.001(10.0%) |
Mkt cap ! $10.88M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 0.9¢ | 0.9¢ | $3.814K | 426.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 994555 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 6743566 | 13 |
View Market Depth
| Last trade - 11.24am 05/07/2024 (20 minute delay) ? |
| RNX (ASX) Chart |