Not manipulation - just a typical problem with any company whose shares are very thinly traded. The company has about 100M shares but nearly 90% of these are held by the top 4 shareholders. This leaves a mere 10M available for trade and a fair guess much of this is also held by longtermers (like myself) and again is not available. The net result is a very small daily turnover, generally less than 20000 shares and often zero.
With a very sparse buy/sell list large gaps between buy&sell are quite common.
My suggestion is to put them in the draw and wait for dividends to start flowing - hopefuly this will increase heaps over the next couple of years now the expansion program has almost finished.
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servcorp limited
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Last
$5.55 |
Change
0.000(0.00%) |
Mkt cap ! $550.4M |
Open | High | Low | Value | Volume |
$5.65 | $5.65 | $5.55 | $107.8K | 19.41K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 123 | $5.55 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$5.57 | 575 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 123 | 5.550 |
1 | 270 | 5.540 |
4 | 3878 | 5.530 |
3 | 1962 | 5.520 |
3 | 430 | 5.510 |
Price($) | Vol. | No. |
---|---|---|
5.570 | 575 | 6 |
5.580 | 463 | 4 |
5.590 | 601 | 3 |
5.600 | 412 | 2 |
5.610 | 275 | 1 |
Last trade - 14.30pm 17/06/2025 (20 minute delay) ? |
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RC1
REDCASTLE RESOURCES LIMITED
Ronald Miller, Non-Executive Director
Ronald Miller
Non-Executive Director
SPONSORED BY The Market Online