The market interest in Rox today is from the Diggers presentation with opportunities over the 3 days to sell the Rox story to brokers and instos. If Alex Passmore and Chris Hunt had a robust Scoping Study to showcase at the Diggers the SP jump would have been much more.
The 11.5% jump in the SP on fairly ordinary volume shows that sellers are drying up and buyers have to pay more to accumulate the small parcels of shares on offer,
The reduction of sellers has been underway for some time as noted by Student but until now there has been little market interest..
Rox has been frustrating with most of us underwater but that can change very quickly as today's trading shows.
The Scoping Study, Grace and Youanmi resource updates and Damsel/Dam drill results are all on the way this Quarter.
Ann: Investor Presentation - Diggers & Dealers August 2022, page-20
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Last
12.5¢ |
Change
-0.005(3.85%) |
Mkt cap ! $50.88M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.0¢ | 12.3¢ | $77.58K | 617.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 413272 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 173663 | 7 |
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| Last trade - 13.46pm 25/06/2024 (20 minute delay) ? |
| RXL (ASX) Chart |