UXA 0.00% 0.0¢ uxa resources ltd

major copper producer to sole fund drilling on the, page-6

  1. 265 Posts.
    last Friday is a good example of what has been happening recently with UXA. Starts to head upwards, bites into 39c and 50K sold from off screen. Then another 50K sold off screen into the buying interest building at 38c. SP falls to 35c and starts to downtrend. More selling from what I'm guessing is the same player. If I were a UXA director I don't think I'd be too happy that the institutional investors given escrow shares in the IPO were dumping shares during a time where the SP is going to be weak due to a lack of news.
 
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Currently unlisted public company.

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