It's quite organic because it's taken time for the market to properly digest the met work announcements, compare with peers and research the rare earths geopolitical situation. Based on the delay in people buying I can assume the buyers are quite informed and did that research, which makes for an overall better register and a more organic re-rate to fair value.
Daily reminder that RDM has more than sybella
Sybella Benchmarking vs Peers, page-68
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Last
16.0¢ |
Change
0.005(3.23%) |
Mkt cap ! $47.92M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 16.0¢ | 15.0¢ | $15.42K | 100.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 19111 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 82741 | 4 |
View Market Depth
| Last trade - 16.10pm 01/07/2024 (20 minute delay) ? |
| RDM (ASX) Chart |