I've seen plenty of large holders sell off stakes in companies on market. In one sell off it went on for 2 weeks. We may see a change in substantial holding notice soon. DEG were sold down 40% but their MC was 1.1B a record for an explorer not mining. RXLs MC is very low. Re concern about the price of gold I don't see a correction. Covid plus economies in free fall zero interest rates will continue to drive gold to USD 2000 Oz au and beyond. Rox is almost uniquely positioned to take advantage of the high POG with near term production. I think the Rox share price will jump 10%
Discussion with Alex Passmore, page-27
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Last
16.0¢ |
Change
0.015(10.3%) |
Mkt cap ! $65.15M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 16.0¢ | 15.0¢ | $83.51K | 553.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 51532 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 153815 | 4 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| RXL (ASX) Chart |