RXL 8.33% 16.5¢ rox resources limited

Ann: Impressive Gold Grades in Youanmi Drilling, page-513

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  1. 11,416 Posts.
    lightbulb Created with Sketch. 350
    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...
    Last edited by vertigo: 18/06/20
 
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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
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Last trade - 16.10pm 04/11/2024 (20 minute delay) ?
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