RXL 5.56% 17.0¢ rox resources limited

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  1. 151 Posts.
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    Can somone explain to me how Alex has supposedly done this to the share price because he doesnt care about SH?

    It seems to me that the share price is dropping due to impatience waiting for the next announcement or assumptions that a delay means bad drill results.

    My understanding is that listed companies must release market sensitive info as soon as practicable, meaning he isnt sitting in announcements, they just arent ready yet?

    There is lots of new investors in the market since Covid and I wonder if they may well be buying in on the up assuming it will always go up, and freaking out on a retrace, selling out and buyjng into another gold stock that is on the way up/had an announcement in the last couple if days.

    And also some manipulation by big players accumulating.

    Has anything fundamentally changed about RXL in the past couple of weeks or days? Bad results? Debt? Change in management? Gold tanked? Legal action?

    If you have a plan and there hasnt been a fundamental chsnge, why sell? .........unless ofcourse your plan is to trade on emotion and sentiment alone.
 
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Last
17.0¢
Change
-0.010(5.56%)
Mkt cap ! $62.79M
Open High Low Value Volume
18.0¢ 18.0¢ 16.8¢ $83.77K 486.8K

Buyers (Bids)

No. Vol. Price($)
1 36272 17.0¢
 

Sellers (Offers)

Price($) Vol. No.
17.5¢ 200000 2
View Market Depth
Last trade - 15.54pm 13/05/2024 (20 minute delay) ?
Last
17.0¢
  Change
-0.010 ( 5.56 %)
Open High Low Volume
17.5¢ 17.5¢ 16.5¢ 522303
Last updated 15.55pm 13/05/2024 ?
RXL (ASX) Chart
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