Not really IMHO. just a continuation of a trend line for a company with all the right metrics. High ..PE but their announcement to buy the other 50% of the crusher was a positive with the investor being kept on as “manager” ? Not a lot of announcements from XRF and when they report, it’s generally a surprise on the upside. The “slightly optimistic” report accompanying the 50% purchase may have put a fire under some potential investors. Wouldn’t be surprised if it dropped back to $1.40……. A great little company that pays a dividend. I have heaps and happy with my holding.
your chart explanation is too much gobbledegook for me !
XRF Charts, page-66
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Last
$1.53 |
Change
0.035(2.35%) |
Mkt cap ! $212.6M | |||
| Open | High | Low | Value | Volume |
| $1.49 | $1.54 | $1.49 | $569.5K | 376.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1500 | $1.51 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.53 | 20225 | 1 |
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| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| XRF (ASX) Chart |