RXL 1.47% 16.8¢ rox resources limited

Ann: Rox Resources raises $7m to drive next phase of growth, page-13

  1. 89 Posts.
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    Imo, once the big-money men realise - or maybe know - a CR is on the way they drive the SP down so they can pick up a bargain. Seen it time and again. The upside is of course that it's only a bargain for them if the SP - eventually - rises substantially. It's not rocket science. But, for us ordinary shareholders, to take advantage of the situation it does demand patience, a steady nerve, some spare cash (if available) and the determination to take the inevitable barrage of down-ramping with a pinch of salt.

 
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