You'd have to think so ... good volume is a good confirmation though.
I strongly suspect that prospective (and existing) RDM shareholders have been sweating on the MMA CR and the potential possible significant impact on RDM's cash situation. That outcome - just clarified, is totally favourable from RDM's point of view so buying could easily be coming in from that cause alone I reckon.... along WITH everything else going on. Clearly the buy side is building - and with bloody good reason!!!!
RDM charts, page-33
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Last
16.0¢ |
Change
0.005(3.23%) |
Mkt cap ! $47.92M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 16.0¢ | 15.0¢ | $15.42K | 100.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 19111 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 82741 | 4 |
View Market Depth
| Last trade - 16.10pm 01/07/2024 (20 minute delay) ? |
| RDM (ASX) Chart |