RXL 3.70% 13.0¢ rox resources limited

RXL chart, page-2670

  1. 971 Posts.
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    RXL closes on 0.057.......trade volumes today were at 8,030,480 which is average turnover at a price of $468,258 ...pretty pi#$ poor

    The supply and demand side is interesting and concerning

    Buyers have 22.1 million shares on order ranging from 0.03 to 0.057 upper bracket expected to be broken when compared to supply

    Sellers are willing to let go 39 million shares from 0.059 to 0.078.... to take quick profits and destablising price from 0.059 to 0.078, just look at volumes being sold, this is concerning as it weakens the foundation for further price jumps

    so the laws of supply and demand are clearly at work and with no announcements the price is expected to fall again

    watch out for the algo's

    watch out for announcements

    these are the facts and for me with what is happening around the world, economically and financially, its time to say bye ROX

    Ciao, cya, catchya later, sayonara .....time to liquidate and put my faith in good old cash and better options

    DYOR and Goodluck and GO PIES!

    https://hotcopper.com.au/data/attachments/2495/2495196-6404ed3ddb990aef4224aed0c4516bed.jpg
 
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Last
13.0¢
Change
-0.005(3.70%)
Mkt cap ! $54.40M
Open High Low Value Volume
13.5¢ 13.5¢ 13.0¢ $27.01K 207.6K

Buyers (Bids)

No. Vol. Price($)
1 366 14.0¢
 

Sellers (Offers)

Price($) Vol. No.
12.5¢ 74300 1
View Market Depth
Last trade - 14.55pm 01/10/2024 (20 minute delay) ?
RXL (ASX) Chart
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