RXL rox resources limited

It's possible the big holder selling out has completely his...

  1. 10,075 Posts.
    lightbulb Created with Sketch. 4852
    It's possible the big holder selling out has completely his trades.
    Volume today was very low with plenty on offer to buy at 14.5 cps which is what the seller has been willing to accept over the past week.
    Of course, the SP will not rebound for a while because a common tactic is to stop selling to let the SP rise and then resume the sell off.
    But the volume sold does correspond with a particular top 20 holding although I stress that I have no actual knowledge and this is pure speculation.
    If I'm right and the sell off is complete then Rox is oversold at the bottom of the Bollinger band and price channel.




    https://hotcopper.com.au/data/attachments/5080/5080607-49d0bd85ba1d6ce9ac9e401ae2a249d1.jpg
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
27.5¢
Change
0.000(0.00%)
Mkt cap ! $201.5M
Open High Low Value Volume
28.0¢ 28.5¢ 27.3¢ $931.2K 3.367M

Buyers (Bids)

No. Vol. Price($)
16 388889 27.0¢
 

Sellers (Offers)

Price($) Vol. No.
28.5¢ 79361 4
View Market Depth
Last trade - 16.20pm 25/06/2025 (20 minute delay) ?
RXL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.