Record volume on the ASX yesterday Record volume on the JSE last night
Generally when this happens it goes on to take out the 52 week highs.
Exact thing happened on AVE, PAB etc.
RLT 52 week high is $1.72. Breakout point is around $1.30.
Expect the bot to work overtime to keep it below $1.30. However with only 2-3M shares free float if they hit 2-12% helium in next couple of weeks no amount of 250 share sales will keep it under $5.
The $5 valuation was based on 8BCF. Their P50 estimate is 106BCF. Do the numbers on that.
