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Why low share price?, page-4

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Rleonars

3,105 Posts.

596

26/05/21

09:26

Post #: 53417505
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Originally posted by Sequoia: ↑

You will find all the information for a low share price in the threads. Click on thread view.

But essentially - massive stock over hang with the recent cap raise and the belief that they paid too much for the recent acquisition. Both of which are creating an artificially low share price.

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Plus the hedging policy a while back, but that’s becoming less relevant.

RRL Price at posting: $2.55 Sentiment: None Disclosure: Held
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0 Great analysis

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(20min delay)
Last $2.22		Change 0.010(0.45%)		Mkt cap ! $1.676B

Open	High	Low	Value	Volume
$2.25	$2.25	$2.18	$5.137M	2.319M

Buyers (Bids)

No.	Vol.	Price($)
2	4420	$2.21

Sellers (Offers)

Price($)	Vol.	No.
$2.22	378	1

View Market Depth

No.	Vol.	Price($)
3	771	2.290
3	9526	2.220
2	8726	2.210
3	9295	2.200
2	8425	2.190

Price($)	Vol.	No.
2.160	60	2
2.170	35	1
2.220	33900	2
2.230	57476	2
2.240	58686	4

Last trade - 16.10pm 29/04/2024 (20 minute delay)


Last $2.21			Change 0.010 ( 0.30 %)
Open	High		Low	Volume
$2.24	$2.24		$2.18	488196
Last updated 15.59pm 29/04/2024 ?

RRL (ASX) Chart