In that recent RXL nickel podcast AP mentioned that of the $8.74...

In that recent RXL nickel podcast AP mentioned that of the $8.74 million institutional placement the o/s and local institutions only got 19% of the shares that they had applied for. That suggests a massive interest in the prospects of RXL by the big end of town and may well be the reason for the uplift in the sp over the past couple of weeks. On that note I would not want to be playing the day trade game against these professionals. For me it does raise the question whether the yo-yo sp movement is due to these guys going for daily profit and simultaneously accumulating more stock along the way for the long game.