Its not the company, at least not from what I can see.
I see the Director of Hanlong mining has been jailed for 8 years for insider trading starting with the Australian company Sundance, he made fake takeover bids. I was in Sundance years ago and I remember the SP being heavily manipulated around that time. There were all the usual posters calling anyone who posted about manipulation conspiracy nuts and so on.
My point is I would not be surprised in years to come to find out RIC was in a similar situation.
I cant see a valid reason as to why RIC has been so heavily sold down.
Anyone have any idea as to why it is being sold down?
I am still looking at RIC but I wont be buying while it is being sold down.
Ann: Half Year Results Investor Presentation, page-6
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Last
$2.76 |
Change
0.040(1.47%) |
Mkt cap ! $795.8M | |||
| Open | High | Low | Value | Volume |
| $2.68 | $2.77 | $2.68 | $1.033M | 375.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1808 | $2.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.77 | 564 | 1 |
View Market Depth
| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| RIC (ASX) Chart |
