Price goes down = Something bad going on with the company
This logic is why argumentative logic 101 should be taught in schools to everyone in the country. If you want to know why this is happening, look at the substantial holder announcements regarding UBS. I should have sold when I saw it at about 5.60 I think, but I didn't and that was a mistake.
It's already one of the cheapest stocks on the ASX considering the projections of earnings and revenue for the next 3 years or so. They can keep shorting if they like, but they have just as much to make by buying at this point. However no substantial, corporate buying pressure is going to come until UBS and the shorters piss off.
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Last
7.2¢ |
Change
-0.001(1.37%) |
Mkt cap ! $179.2M |
Open | High | Low | Value | Volume |
7.4¢ | 7.4¢ | 7.2¢ | $13.11K | 181.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 202398 | 7.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.4¢ | 43752 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 202398 | 0.072 |
5 | 565860 | 0.071 |
4 | 371337 | 0.070 |
3 | 528998 | 0.069 |
2 | 170000 | 0.068 |
Price($) | Vol. | No. |
---|---|---|
0.074 | 43752 | 2 |
0.075 | 35845 | 2 |
0.076 | 178860 | 3 |
0.077 | 219379 | 5 |
0.078 | 111975 | 4 |
Last trade - 16.10pm 12/08/2024 (20 minute delay) ? |
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RFG (ASX) Chart |