I disagree. The whole market has been hit and RDR has been hit aswell. As RDR has no margin value it will be over sold by those needing to raise $$$ for margin calls. It's always the way.
The assests and resources that RDR had 1-2 months ago are still there. In that same time period we've had a few positive announcements and seen the share porice crunched through no fault of the company.
I akso doubt that the RSPT will ever brcome a reality. It won't get through the senate and it has guarenteed that Labour will loose the next election.
I also hear on the pub grapevine that we could have some good news soon. This last bit is 3rd or 4th hand so it may be rubbish but we live in hope.
dud stock, page-3
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Last
12.0¢ |
Change
0.015(14.3%) |
Mkt cap ! $82.78M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 12.0¢ | 10.0¢ | $189.6K | 1.785M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 52090 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 375122 | 8 |
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| Last trade - 16.10pm 08/10/2024 (20 minute delay) ? |
| NMT (ASX) Chart |