Bomber -
SIR had less than 1/3rd of the shares on issue than what RXL does you always have to look at the whole picture not just price. When SIR spiked intially it had 150M shares on issue against RXL's 500M today.
I think it's hard to have any expectations until more is known @ the moment it certainly looks exciting but we are only looking at very preliminary information. Fair price ATM is what markets prepared to pay on what's known no one can put any price to the little we know it just comes down to how much risk people are prepared to expose themselves them to in an attempt to claim the reward should it all play out as many "hope".
FWIW the biggest killer for the share price right now would be if the CFO has dumped stock into the euphoria. It's been done before when he crushed it's last rise - will he do it again ? or has he learnt from the past ? ...... i was almost half expecting a change of directors notice yesterday - but thankfully it never eventuated.
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Last
15.0¢ |
Change
0.015(11.1%) |
Mkt cap ! $61.58M |
Open | High | Low | Value | Volume |
14.0¢ | 15.0¢ | 13.8¢ | $815.3K | 5.877M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 448762 | 14.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
15.0¢ | 244410 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 438762 | 0.140 |
8 | 1025652 | 0.135 |
6 | 333823 | 0.130 |
2 | 253255 | 0.125 |
7 | 562916 | 0.120 |
Price($) | Vol. | No. |
---|---|---|
0.150 | 244410 | 5 |
0.155 | 110000 | 2 |
0.160 | 263281 | 3 |
0.165 | 73274 | 2 |
0.175 | 29411 | 1 |
Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
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RXL (ASX) Chart |