Yeah looking good John. Just got home to see the nice little move today.
I guess the algorithm that Van Eck uses doesn't stop buying when the markets are illiquid over Christmas/New Year. We should know soon enough if they're still buying because they'll be due for change in substantial holding notice.
With the share price at $1.95 I estimate more than half of the shorters are now sitting on paper losses. $2 is a fairly strong resistance level though so it could pause a little bit soon. The real kicker will be the next quarterly. If it is good I think the shorters will have to acknowledge that this company has turned the corner after a tough 2013/2014.
Yeah looking good John. Just got home to see the nice little...
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add RRL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.53 |
Change
0.010(0.40%) |
Mkt cap ! $1.473B | |||
| Open | High | Low | Value | Volume |
| $2.54 | $2.57 | $2.51 | $1.096M | 431.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 14847 | $2.52 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.53 | 12363 | 18 |
View Market Depth
| Last trade - 12.40pm 04/12/2024 (20 minute delay) ? |
| RRL (ASX) Chart |
