I think it is mainly a lack of investor confidence in the production performance of the company. That lack of confidence from potential buyers also means shorters have a tendency to amplify the down moves.
Today's move wasn't in isolation though with quite a few of the other resources stocks (and some goldies) beaten up
Like A Rock Again, page-3
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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 |
