There is no need for an inquiry
As I explained the share was fully overbought on a monthly timeframe
That means there are a LOT of holders holding a lot of stock over a long period of time
So if a liquidation event happens such as now you will see an over average amount of sell volume whilst people go to cash and they don’t care how much profit they are in or what losses they have as cash is the preferred way to go
That’s why pros sell overbought markets as the risk to keep holding gets higher
ASX needs to make an enquiry, page-2
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Last
13.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $52.91M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 14.0¢ | 13.0¢ | $156.1K | 1.178M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 521631 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 7922 | 1 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| RXL (ASX) Chart |