RQL 0.00% 26.0¢ resource equipment ltd

flood waters & strike, page-3

  1. 1,734 Posts.
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    I would have thought the flood waters would have rql working hard irreguardless of strike issues, water management has to continue even if a mine is on care and maintenance. I think the pull back has more to do with technical issues, ie the run from 32c to 52c (50percent plus some) and the failure to chomp through the wall of stock at 52c that was on offer off the screen.
    Although it may not feel like it, these pull backs are healthy and the weekly chart is strong. I reckon we won't see much lower than 44c if it gets that far. This is unless anything comes from left of field.
    Dyor
 
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