OXR is not the only stock to have fallen. A post under "general" lists 308 ASX stocks that have hit "rock bottom" ie RSI less than or equal to 30. We are not alone in this. It is a bear market driven by emotion.
Mr market is currently scared, so it does not matter whether it is a well run company with good current returns and excellent forward earnings growth (OXR / BHP WSA) or a poor run company, all are getting hammered.
In the long run, the fundamentals will drive the share price, not fear. Choose to purchase stocks on fundamentals and make rational decisions, not emotive ones.
Remember, fortunes are made in bear markets.
HT1
OXR
oxiana limited
