It is quite notable how much the turnover of RXM has increased. It has had over a million shares a day traded over the last 2 days. This sugguests the market is fairly liquid and that the share price is an acurate reflection of sentiment. This is a mining stock not a house, tangible assests do not mean much. The price looks like it is not going to go up until the market is sure it is not going to get hit with a capital raising. Unless financing is aranged or there is a takeaover this stock is in a range below 75 cents
It is quite notable how much the turnover of RXM has increased....
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Last
27.5¢ |
Change
0.010(3.77%) |
Mkt cap ! $211.1M | |||
| Open | High | Low | Value | Volume |
| 27.0¢ | 27.5¢ | 26.5¢ | $36.67K | 136.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 47609 | 26.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.5¢ | 338630 | 10 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| RXM (ASX) Chart |