But both have been on the wane since the highs late last year. About the time of Mining 2.0.
My point was that with the sudden reemergence of mining and especially the enthusiasm for above average returns in exotic spec miners, has drawn a lot of liquidity away from what are seen as staid old Sm Caps like RXP and EML.
Why stick $5k into RXP at 0.85 with a price target of 1.2 when I could take a punt on a 2 cent lithium spec with maybe a 150% gain in weeks.
Where there is no demand, the price can only go sideways or down.
RXP Price at posting:
82.0¢ Sentiment: Hold Disclosure: Held