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1.96%

12.5¢ rox resources limited

I am writing this stock off.cant claim capital loss either as...

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albatrosss

21,856 Posts.

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27/08/24

09:21

Post #: 75387598
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Originally posted by smartdude: ↑

I hate to throw a truthful perspective on the much thrown around concept of “manipulation” of every stock on the ASX. I am sure that big players in stocks with $10m+ turnover per day have some tricks. However, anyone placing a $200k RXL buy order could push the share price up a couple of cents this morning. The problem with the RXL share price right now is the lack of buyers. The shares on offer on the Sell side are real and not fictitious illusions that will disappear if someone places an adequate Buy Order.

RXL has gone a long time without any drilling announcements, which are very important for small cap stocks. Hopefully, the current drilling campaign results, the Resources Rising Stars presentation next week, continued strength in the price of gold, and some new Analyst recommendations can put some much needed fuel into RXL share demand.

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I am writing this stock off.
cant claim capital loss either as got all RXL shares free from VMC deal.
you win some , and you lose some.
It will go to zerro for me. Or be bought out at some small premium I think.
Anyways. Its deep in the bottom draw.
over and out

RXL Price at posting: 14.0¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 12.5¢		Change -0.003(1.96%)		Mkt cap ! $51.32M

Open	High	Low	Value	Volume
12.5¢	12.5¢	12.0¢	$118.7K	963.7K

Buyers (Bids)

No.	Vol.	Price($)
3	85611	12.0¢

Sellers (Offers)

Price($)	Vol.	No.
12.5¢	271397	6

View Market Depth

No.	Vol.	Price($)
3	85611	0.120
3	158750	0.115
2	19099	0.110
7	172356	0.105
1	100000	0.100

Price($)	Vol.	No.
0.125	271397	6
0.130	72204	5
0.135	95386	2
0.140	169400	7
0.145	479895	6

Last trade - 15.33pm 03/10/2024 (20 minute delay)

RXL (ASX) Chart