"That's great but how do you explain the other 14 mil sold today or the other 200 mill traded the last few days??
Easy to explain - ‘delux73’ – the rest (214+mill) is simply the market working as it should – price discovery through buyers and sellers interacting .
MXC share price held up very well despite #3 on the 'Top 20' (JPM) wanting out because MXC the CBD Cosmetic / Pharma is no longer ERI the gold miner. The 214+ mill traded were in relatively small lots, nothing like the 16+mill dumped on the market in one hit. That one order was almost bizarre, even for a fund!
Good volume in first week of trading is almost guaranteeing some excellent announcements to follow, soon.
Big sell, page-22
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Last
30.5¢ |
Change
-0.025(7.58%) |
Mkt cap ! $14.76M | |||
| Open | High | Low | Value | Volume |
| 30.0¢ | 30.5¢ | 30.0¢ | $1.48K | 4.929K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3000 | 30.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 34.0¢ | 823 | 3 |
View Market Depth
| Last trade - 15.11pm 30/08/2024 (20 minute delay) ? |
| RGT (ASX) Chart |