RXL 6.25% 17.0¢ rox resources limited

Shareholder communication (rather lack thereof), page-81

  1. 367 Posts.
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    I think you have to expect some profit taking when the share price has risen 34% over the past 6 trading days, from .032 to .043. Some steam was taken out of today's trading, which by midday was indicating a willingness to settling back into a more subdued range after yesterday's enthusiasm.

    I don't blame those with a short time horizon for cashing in on the gains available, after all, it is both short and long term players that make the market and drive price in both directions.

    My expectation is that Alex hasn't embarked on a promotional spin of the media, brokers and researchers without a suitcase of goodies to retain their interest. On that note, I feel we may see some positive drilling assays early next week, with more to come on a drip feed basis leading up to the Nickel divestiture.
 
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Last
17.0¢
Change
0.010(6.25%)
Mkt cap ! $69.80M
Open High Low Value Volume
16.0¢ 17.0¢ 16.0¢ $58.09K 356.9K

Buyers (Bids)

No. Vol. Price($)
1 114697 16.5¢
 

Sellers (Offers)

Price($) Vol. No.
17.0¢ 173944 4
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Last trade - 16.10pm 08/11/2024 (20 minute delay) ?
RXL (ASX) Chart
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