Soph punters imo took up a fair chunk of that raise at 10c because it was a substantial discount to the share price at the time. I would think everytime the price goes up 10 to 20% above 10c they sell some.
Once the soph punters have taken their profits the price could rise further.
News: RFX Redflow posts net loss for year attributable to members of $12.9 mln, page-10
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9.7¢ |
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Mkt cap ! $25.63M | |||
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