I am a bit surprised that we have dropped this far considering the volume that went through at 48-50c. Those who were buying at these levels seem to have disappeared for the time being.
Still no news on the three outstanding announcements which are now 3 weeks late. The perceived ability of RHM to get their project to production in line with their projections is one thing which i think will affect the share price going forward considering they have not kept to any of their deadlines to date.
RHM Price at posting:
42.5¢ Sentiment: Hold Disclosure: Held