The intraday low during Covid lockdowns was 30c. It was oversold then and bounced back (the almost zero interest rates helped). I doubt it will break that 30c resistance, but we need to see some growth coming through in the monthly reports.
The recent drama with Spaceship might cause people to churn to Raiz, so Imam hoping the June numbers will be better than May.
RZI Price at posting:
37.0¢ Sentiment: Hold Disclosure: Held
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