Hard to say.
The recent seller will come into a few more million shares and may continue to cap the market with 50k parcels for months.
Stock is clearly being run by insiders for insiders and they may decide to accumulate even more stock before pushing the price up suddenly and dramatically. No doubt in my mind that the project has substantial value, and no doubt in my mind that the retail investors are not going to come out as well as the mates.
spp, page-2
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Last
0.9¢ |
Change
-0.001(10.0%) |
Mkt cap ! $11.52M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 0.9¢ | 0.9¢ | $6.19K | 690.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500000 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 6045200 | 11 |
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| Last trade - 14.46pm 05/07/2024 (20 minute delay) ? |
| RNX (ASX) Chart |