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Monthly: Rich Capital Holdings drops 14% on high volatility

Dec 31, 2018 - News Bites - Asia: Singapore


Rich Capital Holdings (SI:5G4), Singapore's 6th largest Metals and Mining company by market cap, traded between an intra-month high of 0.80c and an 11-month low of 0.40c. In December its volatility (highest price minus lowest price/lowest price) of 100.0% was 0.94 times average monthly volatility of 106.5%, up from 50.0% in December and 28.6% in October. The share price plummeted 0.10c (or 14.3%) in the past month to close at 0.60c, after a second month unc...