Up 4% overnight on JSE to close about $3.50 AUD. Things are certainly starting to look very bullish. Downward pressure gone on the ASX too, hardly fireworks on Friday, but slow steady buying still nice to see. Getting set to run on news for sure in my view.
It will be interesting to see just how genuine the big sell orders are when production and, or funding news drops. I know it’s Saturday, and it will change when trading resumes, but I just checked the market depth and the sellers run out lol. $5.20 showing. Irrelevant really, but it made me smile!
Still in tax loss selling season and the macro/US markets are struggling, the former is unhelpful for short term SP, but I think RLT’s offering sets it up strongly in this bearish market.
Long weekend here. I hope you all have a good one.
cheers
kk
RLT CHART, page-2686
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Last
93.0¢ |
Change
-0.020(2.11%) |
Mkt cap ! $28.20M | |||
| Open | High | Low | Value | Volume |
| 95.0¢ | 95.0¢ | 88.0¢ | $55.16K | 61.31K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2000 | 86.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 97.0¢ | 70210 | 2 |
View Market Depth
| Last trade - 16.10pm 02/09/2024 (20 minute delay) ? |
| RLT (ASX) Chart |