Gypsie, at the AGM you could put the following observations and ask whether failure of RXM to separate Hillside
from Hog Ranch is the reason for the low share price.
note: Euroz Hartley values RXM at 80 cents.
When the Hog Ranch results were published on 12 October, the RXM share price dropped below the support line (purple), the Parabolic SAR changed from green to red (red dot) expecting falling share price, The Williams%R indicated "oversold", and the Chaklin Money index changed from accumulation to dissemination (red vertical bars).
Indicates to me the market was expecting something better than the Hog Ranch results presented and don't know when further results will be published.
Gypsie, at the AGM you could put the following observations and...
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Last
45.5¢ |
Change
-0.005(1.09%) |
Mkt cap ! $356.3M | |||
| Open | High | Low | Value | Volume |
| 45.5¢ | 46.0¢ | 45.5¢ | $656.5K | 1.435M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 4878973 | 45.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 46.0¢ | 2631974 | 21 |
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| Last trade - 16.10pm 04/09/2024 (20 minute delay) ? |
| RXM (ASX) Chart |