sure as eggs the RXL will be beavering away on a capital raising as we speak.
I am looking for entry however will not go anywhere near until the CR is bedded down and clear air is set up for the next drilling campaign.
there will surely be a step down in the chart once the CR price discount is set. Maybe 6.2c??
however I think this is a good story and my thoughts are that the CR blip will be shortlived - there are not too many reasons for anyone to sell right now unless you are chart watching or short term trader. Everyone else will hold on for the ride like a good hand of cards.
good discovery story with high initial hit rate that should support more good drill results in next campaign IMO.
acturtle
accumulation, page-4
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Last
13.8¢ |
Change
-0.003(1.79%) |
Mkt cap ! $56.27M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 13.8¢ | 13.3¢ | $90.40K | 672.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 114184 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 444011 | 7 |
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| Last trade - 15.32pm 06/09/2024 (20 minute delay) ? |
| RXL (ASX) Chart |