REE 7.14% 1.3¢ rarex limited

Hi @keepingitrilMy charts are similar to both those posted by...

  1. 9,299 Posts.
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    Hi @keepingitril

    My charts are similar to both those posted by @mickvp25 and @BagHunterx so i won't post another. In essence i have it tracking the medium term trend nicely and expect it to hold. Thus low 8s of last week should be the bottom. If it's not (and i would have 7.3 as next support) then it would be because we've been genuinely disappointed by results from the drilling campaign and I just don't see that happening - but I realise my own bias.

    I'm going to be a net buyer if it does fall significantly below trend support - it's not just the Trundle tenement that's promising here. Rare earths, Orange East plus the other projects in the Kincora JV - our $30mill market cap is eminently justifiable; I bought in to see a $100mill mc on Cummins Range alone. Stupid behaviour by the market will be a wind fall opportunity for those with longer vision imo.


    Last edited by seals: 12/07/20
 
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Last
1.3¢
Change
-0.001(7.14%)
Mkt cap ! $10.27M
Open High Low Value Volume
1.4¢ 1.4¢ 1.3¢ $6.863K 500.3K

Buyers (Bids)

No. Vol. Price($)
14 3235233 1.3¢
 

Sellers (Offers)

Price($) Vol. No.
1.4¢ 633080 8
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Last trade - 11.24am 01/07/2024 (20 minute delay) ?
REE (ASX) Chart
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