Ann: Youanmi Gold Project - Positive Pre-Feasibility Study, page-48

The "possible suspects" refers to who might be trying to keep Rox's SP low, not necessarily thinking of a TO. eg seeing the possibility of another CR down the track, it would be in the "suspect's" interest to keep the price of the CR as low as possible. It could also be a nearby company with a history of scooping up bargains and happy to wait patiently for the right moment to strike (yeah, I know, supposedly they aren't interested, but ...). It could be a company with expansion plans. It could be a canny, wealthy individual with an eye for a bargain. It could be brokers acting on behalf of clients to get them in at a bargain price. It could be any number of possibilities. As I said, I have absolutely no inside info. But I do keep a close eye through the day on the trading in RXL and IMO the drip-feeding and price manipulation IS happening. DYOR.