Yep this is my experience too. I'm always amazed by the reaction to impairment charges given the information that led to it has been known for some time.
From a chart point of view it has been turning over for about a week. I'm expecting it to continue to retrace into the low $1.60s as the impairment charge is reported in the media, analysts adjust 'models' etc.
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RRL
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2.04%
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$4.51

Why is the market turning on RRL?, page-8
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Last
$4.51 |
Change
0.090(2.04%) |
Mkt cap ! $3.416B |
Open | High | Low | Value | Volume |
$4.52 | $4.60 | $4.49 | $10.87M | 2.401M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
37 | 36705 | $4.51 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$4.52 | 35505 | 60 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
37 | 37295 | 4.510 |
37 | 59991 | 4.500 |
18 | 78349 | 4.490 |
12 | 57912 | 4.480 |
10 | 45811 | 4.470 |
Price($) | Vol. | No. |
---|---|---|
4.520 | 37317 | 62 |
4.530 | 183838 | 30 |
4.540 | 74426 | 21 |
4.550 | 52090 | 10 |
4.560 | 39889 | 11 |
Last trade - 13.47pm 23/07/2025 (20 minute delay) ? |
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RRL (ASX) Chart |