Since RLG no longer needs to raise cash to stay alive market realised all its ratios are so healthy that only buyers below 1c are selling now for 40% to 50% profit.
this could easily be carried by momentum past 2c. I have been looking at 2.8c as resistance for some time.
i should have topped up below 1c to get my average below 1.3c where it stands now. However i am way overweight this stock as i could not believe a growth stock with unlimited upside was trading so poorly only due to the track record of management
of course I'm biased but if there is no capital raising via equity issue this FY the stocks easily a 2c plus...
at the moment that's all we can wish for including more sales and partnering announcements that are non - dilutionary the next quarterly $5mil revenue would be solid along with operating cash flow breakdown..
Edging higher, page-7
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.13M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 5908388 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 2529203 | 5 |
View Market Depth
| Last trade - 16.12pm 14/06/2024 (20 minute delay) ? |
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Last
0.4¢ |
Change
0.000 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 0.4¢ | 0.4¢ | 0.4¢ | 200000 | ||
| Last updated 14.00pm 14/06/2024 ? | |||||
| RLG (ASX) Chart |
Day chart unavailable