True enough Arthur A .... However, if everyone is sitting half petrified of the market but the market doesn't have its major correction until October .... or whenever, there could be one helluva stampede in when/if the penny drops it's rallying first before deciding what next to do. RDM could still very easily rally significantly higher before retreating. Who knows what this figure could be ... 30c? 50c? ... $1? Many stocks are dirt dirt cheap in "anticipation". This is a totally different profile to a correction falling upon very elevated stock prices.
From what has been written about Sybella so far, it is ASTOUNDING we are only 5c higher now than pre the announcement!! Maybe not technically when one looks at the charts, but fundamentally.
Interesting stuff. But expect the unexpected. - that's what sharemarkets are good at (the bastards!)
Kip
True enough Arthur A .... However, if everyone is sitting half...
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Last
13.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $38.95M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.0¢ | 13.0¢ | $13.05K | 100.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1744 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 105000 | 3 |
View Market Depth
| Last trade - 15.46pm 16/08/2024 (20 minute delay) ? |
| RDM (ASX) Chart |