I caught some of the action this afternoon, was interesting to watch. As soon as it hit around 4.9-5c two to three lines were taken out I guess by the entity and in their place large bids appeared of around $150k and smaller bids of around 10 x 200k, presumably from the same entity.
Other buyers were forced higher to go higher and started taking out the line above, then the large bids were removed then a small tickle sell, stop losses were hit and the entity accumulated the lot.
I estimate that between the lines taken out and the stop loss collection the entity picked up around 10 million shares and can now start the accumulation again under 5c.
Although I didnt see it I presume the same thing happened yesterday.
Now for some research to see why the effort to accumulate tens of millions of shares under 5c...
- Forums
- ASX - By Stock
- RXL
- Ann: Impressive Gold Grades in Youanmi Drilling
Ann: Impressive Gold Grades in Youanmi Drilling, page-513
-
- There are more pages in this discussion • 119 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RXL (ASX) to my watchlist
(20min delay)
|
|||||
Last
16.5¢ |
Change
-0.015(8.33%) |
Mkt cap ! $67.74M |
Open | High | Low | Value | Volume |
17.5¢ | 17.5¢ | 16.5¢ | $167.9K | 995.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 124000 | 16.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
16.5¢ | 12306 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 124000 | 0.160 |
5 | 387500 | 0.155 |
4 | 268833 | 0.150 |
2 | 16000 | 0.145 |
7 | 469369 | 0.140 |
Price($) | Vol. | No. |
---|---|---|
0.165 | 12306 | 4 |
0.170 | 165675 | 3 |
0.175 | 2898 | 1 |
0.180 | 40000 | 1 |
0.185 | 85000 | 3 |
Last trade - 16.10pm 04/11/2024 (20 minute delay) ? |
Featured News
RXL (ASX) Chart |