RXP
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5.77% 27.5¢ rxp services limited

Insto buying ?

  1. guppity
    515 Posts.
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    25/10/16
    10:16
    Post #: 20095331
    Is RXP finally on the Insto radar ?

    Seen some strong buying lately, admittedly a couple of spikey days on news. Volume at over double long term averages - current 21DMA is >500K, longer term is ~200K.

    They are moving towards ASX300 participation - I have value at ~$140M at this price level; ASX300 entry looks like its around $180M.

    Thoughts ?

    Go well all
    Last edited by guppity: 25/10/16
    RXP Price at posting: $1.01 Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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