Thought I would start a new thread before I start clogging up the threads with charts.
Big bearish engulfing candle today, the very short term uptrend remains but barely intact, having poked its head beyond the longer term bearish trend, may well dip it toes back down.
Here are some little volume figures that may be of interest.
149m shares traded on the day of the RIO deal announcement, 21m the day after. 24m traded on the first day RDN traded. Today, on announcement of the RIO completing their DD and being satisfied with what they saw, 14m traded, and at around a substantial discount to those earlier days. Not even 10% of the highest volume day, certainly an underwhelming reaction.
RDN Charts
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 (20min delay)
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Last
3.5¢ |
Change
0.001(2.94%) |
Mkt cap ! $92.98M | |||
| Open | High | Low | Value | Volume |
| 3.4¢ | 3.6¢ | 3.4¢ | $367.7K | 10.52M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 523948 | 3.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.6¢ | 1722947 | 11 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
3.6¢ |
Change
0.001 ( 6.51 %) |
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| Open | High | Low | Volume | ||
| 3.4¢ | 3.6¢ | 3.4¢ | 8815217 | ||
| Last updated 15.58pm 03/05/2024 ? | |||||
| RDN (ASX) Chart |