There is no guarantee that the merger will happen. In fact it probably will not. So many hurdles to get through. And we will not know anything until the end of this year or even next. In that time anything could happen. Upside potential from here is only 10% max. Considering the stock is at least two or three times overvalued. Downside is at least 50% or more. So it is a no brainer to be shorting around this level. Risk/Reward favors the downside.
- Forums
- ASX - By Stock
- REC
- looks too good?
looks too good?, page-5
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add REC (ASX) to my watchlist
(20min delay)
|
|||||
Last
3.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.889M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 190388 | 3.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.5¢ | 36726 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 190388 | 0.032 |
1 | 49999 | 0.029 |
1 | 30000 | 0.027 |
1 | 41666 | 0.024 |
1 | 43478 | 0.023 |
Price($) | Vol. | No. |
---|---|---|
0.035 | 36726 | 2 |
0.037 | 83333 | 1 |
0.040 | 98822 | 2 |
0.041 | 711442 | 1 |
0.050 | 42564 | 1 |
Last trade - 11.00am 04/10/2024 (20 minute delay) ? |
Featured News
REC (ASX) Chart |
Day chart unavailable