perhaps you are right MongooseMayhem. perhaps you are wrong. after all charting is open to interpretation.
All I'm saying is that over the last 2.5 years we've had more and more positive announcements and all we've got is a declining share price. I base my findings on the last 2 years of charting. The fundamentals are great but they don't translate to the tape reading. I'm just wondering what announcement or news flow its going to take to push the price higher at a constant rate. ie completion of phase I IV trials / commencement of phase II. Burns trials data finalised.
The opposite can be said too "no one is selling at these prices" but no one is prepared to buy at these prices either. After all, the share price declines on the basic principle of more sellers than buyers, hence the decline
I've accumulated over the past 2.5 years because I believe RCE is onto a winner. I do think the share price has been manipulated since the Fidelity capital raise, but I would have thought there would have been more significate interest opposing the downward pressure to this point.
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perhaps you are right MongooseMayhem. perhaps you are wrong....
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Last
54.0¢ |
Change
-0.005(0.92%) |
Mkt cap ! $125.2M |
Open | High | Low | Value | Volume |
55.5¢ | 55.5¢ | 54.0¢ | $10.11K | 18.36K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 79452 | 54.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
55.0¢ | 6376 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 79452 | 0.540 |
2 | 60950 | 0.530 |
1 | 500 | 0.520 |
2 | 72723 | 0.515 |
5 | 118236 | 0.510 |
Price($) | Vol. | No. |
---|---|---|
0.550 | 6376 | 1 |
0.555 | 74067 | 3 |
0.565 | 5000 | 1 |
0.570 | 54708 | 3 |
0.580 | 1290 | 1 |
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