I am surprised ASX hasn't asked them to explain huge price drop.
I think you are right it is sector related as the company appears to still be a quality stock.
Looking back even further to 5 years this could even go to 90ish for support. It should spike though at some stage as the drop could prove to be overdone. Getting to be rather late to bail if you like me are unfortunately still invested.
MM thinks RCR will be Forge Mk 2, page-8
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Last
1.4¢ |
Change
-0.002(12.5%) |
Mkt cap ! $4.095M | |||
| Open | High | Low | Value | Volume |
| 1.5¢ | 1.5¢ | 1.4¢ | $39.90K | 2.849M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 982239 | 1.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 2672644 | 4 |
View Market Depth
| Last trade - 16.10pm 18/11/2024 (20 minute delay) ? |
| RCR (ASX) Chart |