Not only that but to move RXL 20% , you are then adding 32 Million to it's Market Cap ...so have to do a lot more . Whereas 20% from RGL at 8.0-8.1 cents is only an additional $5 Million added to it's value. So RXL has to do more to earn it's relevant increments in it's SP..... But I reckon people .....punters and the like fancy themselves on the ' Rotation ' . In other word's if they had a million RGL shares ,they can jump off and immediately into RXL with a million shares as well.
Like, I said though ......if they fancy themselves and the likelihood of a similar ' Pop ' or more in the switch. Grass is always greener somewhere's else , bu you always run the risk that you can't make the ' switch back '. But no doubt there are some out there thinking exactly in this manner.
It's pausing at the moment and having a think of what's next , but no more than it did when it kept revisiting the 2.5 - 2.6 level off the re-trace from 3.2 - 3.5 level when like I said , it did that at least 3 times.
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Last
0.7¢ |
Change
0.001(16.7%) |
Mkt cap ! $8.467M |
Open | High | Low | Value | Volume |
0.8¢ | 0.8¢ | 0.7¢ | $259.8K | 34.17M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 4299526 | 0.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.8¢ | 6686426 | 13 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 4299526 | 0.007 |
22 | 7999263 | 0.006 |
37 | 15681851 | 0.005 |
13 | 7299444 | 0.004 |
11 | 13946667 | 0.003 |
Price($) | Vol. | No. |
---|---|---|
0.008 | 6686426 | 13 |
0.009 | 6945497 | 15 |
0.010 | 3739626 | 9 |
0.011 | 3192850 | 7 |
0.012 | 185635 | 2 |
Last trade - 16.10pm 15/07/2024 (20 minute delay) ? |
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