OXR oxiana limited

why all the selling

  1. 9 Posts.
    This is what I don't understand, when I see this type of action on a stock from time to time. Yes, there is a huge volume today, with around a 6% rise, but why has it been sitting at around $3.52 - $3.55 for most of the day just churning?? Why & Who are all the sellers if there is so much talk of a take over?? That's a lot of sellers who don't have much faith ??
 
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Currently unlisted public company.

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