RFX 5.71% 9.9¢ redflow limited

REDFLOW PARTNERS, page-40

  1. 690 Posts.
    lightbulb Created with Sketch. 93
    Forget about fundamentals, this is a micro stock, in batteries.
    Just pray and hope the Americans get on it.
    Its only one good announcement away.
    Of course a tweet from Elon Musk does not do any harm.

    After an 885 per cent rally in the middle of Monday's trading session, Signal Advance briefly became a nearly billion-dollar firm, just hours after its market-cap was roughly $US7 million. Shares closed above $US38 on Monday after trading below $US1 for most of the past six years.

    Scott Knapp, chief market strategist of CUNA Mutual Group, says he sees plenty of hints that markets are exuberant, pointing to a hot IPO market, the emergence of SPACs, and Bitcoin's rampage. Now, add to that the runup in shares of small public companies.

    "On the list of the exuberance story is what's happening in the micro-capitalisation tiers," Knapp said. "As it stands right now, markets are on performance enhancing drugs, in the form of expectations for more stimulus."


 
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Last
9.9¢
Change
-0.006(5.71%)
Mkt cap ! $26.42M
Open High Low Value Volume
10.5¢ 10.5¢ 9.9¢ $30.93K 308.8K

Buyers (Bids)

No. Vol. Price($)
2 9800 10.0¢
 

Sellers (Offers)

Price($) Vol. No.
10.5¢ 72728 5
View Market Depth
Last trade - 15.46pm 05/06/2024 (20 minute delay) ?
Last
10.0¢
  Change
-0.006 ( 0.00 %)
Open High Low Volume
10.0¢ 10.5¢ 10.0¢ 98636
Last updated 15.45pm 05/06/2024 ?
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