Yes have to agree this could be just an over reaction. Speccies can be very volatile down at this price range, with traders taking large % profits as the SP moves up, which can trigger a lot of panic / stop loss selling .... followed by the next leg up.
I went through the latest anns and couldn't find anything that worried me.
With China's Sinom being a major holder and the RMI director Zhang Chi taking up $482,809.64 worth of shares in the rights issue in April this year (at .005) ... makes RMI look promising
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Yes have to agree this could be just an over reaction. Speccies...
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Last
1.6¢ |
Change
-0.001(5.88%) |
Mkt cap ! $9.785M |
Open | High | Low | Value | Volume |
1.5¢ | 1.6¢ | 1.5¢ | $881 | 55.06K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 34939 | 1.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.7¢ | 218750 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 34939 | 0.015 |
2 | 55000 | 0.012 |
1 | 500000 | 0.010 |
1 | 450000 | 0.008 |
1 | 170000 | 0.007 |
Price($) | Vol. | No. |
---|---|---|
0.017 | 218750 | 1 |
0.022 | 78947 | 1 |
0.023 | 9000 | 1 |
0.027 | 350000 | 1 |
0.030 | 300000 | 2 |
Last trade - 15.49pm 07/08/2024 (20 minute delay) ? |
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RMI (ASX) Chart |