FXR 0.00% 0.2¢ fox resources limited

No one has all the answers ,otherwise we wouldn't be here giving...

  1. 2,906 Posts.
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    No one has all the answers ,otherwise we wouldn't be here giving our ideas.
    Obviously,the buyers think it's cheap and going to go up,while the sellers are getting out ,thinking it's going lower.
    Normal market forces at play.but it should be obvious to all that it's in a downtrend still and the sellers are winning lately.
    Remember all the hype by a few here after the last t/halt was lifted.
    From memory,the sp rose 12 cents that day to $1.42 although it settled a little below that at end of that day
    And look where the sp is at the moment.... so it should be obvious that the fox is either completely out of favour for various reasons (when it's in a downtrend doesn't matter the reasons) or otherwise something is not right re drilling or production etc.
 
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