"That's great but how do you explain the other 14 mil sold today or the other 200 mill traded the last few days??
Easy to explain - ‘delux73’ – the rest (214+mill) is simply the market working as it should – price discovery through buyers and sellers interacting .
MXC share price held up very well despite #3 on the 'Top 20' (JPM) wanting out because MXC the CBD Cosmetic / Pharma is no longer ERI the gold miner. The 214+ mill traded were in relatively small lots, nothing like the 16+mill dumped on the market in one hit. That one order was almost bizarre, even for a fund!
Good volume in first week of trading is almost guaranteeing some excellent announcements to follow, soon.
"That's great but how do you explain the other 14 mil sold today...
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Last
29.0¢ |
Change
-0.025(7.94%) |
Mkt cap ! $13.13M | |||
| Open | High | Low | Value | Volume |
| 29.0¢ | 29.0¢ | 29.0¢ | $688 | 2.372K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1033 | 29.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.0¢ | 50000 | 1 |
View Market Depth
| Last trade - 11.01am 03/07/2024 (20 minute delay) ? |
| RGT (ASX) Chart |