Well if management continue to embark and confirm what they released in the price query last month then YES RHT will increase in valuation.
Disclaimer - Originally thinking that this would be an excellent trade however the more I read about this company the more I seem to want to keep as a bottom drawer keeper
Lot of enthusiasm here but let's see what the company announces over the coming quarter (no doubt the register will tighten in this period).
We can already see instos are starting to get into this company, and I would imagine this will only increase once they all come back from holidays.
Broker Data for month of December attached below:
Chart, page-1608
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Last
5.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $24.57M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 200000 | 5.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.6¢ | 116743 | 2 |
View Market Depth
| Last trade - 16.12pm 12/07/2024 (20 minute delay) ? |
| RHT (ASX) Chart |
Day chart unavailable