RHK 4.35% 72.0¢ red hawk mining limited

Sell down friday, page-3

  1. 146 Posts.
    lightbulb Created with Sketch. 36
    Yes, its a concern that there are not many buyers willing to pay more than 9c. Its all depends on how desperate a genuine seller or a manipulator can be. But I think the CR price has to be volume weighted SP for past certain number of days minus a discount%. So a sudden drop in price for a day may not have material impacts on the CR price.

    I also think that the current buyer(s) knows that CR is on the way and would participate in the entitlement offer. So, they may be willing to grab those extra volume if available on the sale side.

    Interesting time ahead.
    IMHO ONLY. DYOR.
    Regards Akamal.
 
watchlist Created with Sketch. Add RHK (ASX) to my watchlist
(20min delay)
Last
72.0¢
Change
0.030(4.35%)
Mkt cap ! $143.8M
Open High Low Value Volume
72.5¢ 72.5¢ 72.0¢ $7.054K 9.79K

Buyers (Bids)

No. Vol. Price($)
1 25 69.0¢
 

Sellers (Offers)

Price($) Vol. No.
83.0¢ 2276 1
View Market Depth
Last trade - 15.50pm 08/11/2024 (20 minute delay) ?
RHK (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.