FXR 0.00% 0.2¢ fox resources limited

anka say something, page-7

  1. 2,813 Posts.
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    Also very important to note that the volumes traded daily are normally very low and are usually made up of small trades.

    If you look at the buy and sell depth, the orders there are quite small. So small that even I could move the share price!!! (7 sellers of 10950 shares @ $1.28, 4000 @ $1.29 etc). So probably just nervous small traders selling and moving on to other shares which are moving up a lot faster.

    Also very important to note that major shareholders and directors have not been selling (evidenced by lack of substantial changes to shareholding and directors selling notices). In fact Don Harper just exercised his options today and paid approx. $100,000 to the company. Definitely a sign of confidence in the company.
 
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Currently unlisted public company.

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