Your analysis makes sense if we didn't know why the SP crashed today. But we do. Today we saw a classic brutal forced sale. When an investor can't cover a trade the trading co such as Commsec NAB etc set a deadline. If you don't meet it they sell your shares. They don't waste time selling them.slowly to get a good price. They dump them at the close of deadline day in an At Market trade. Nothing has changed with Rox except in the panicked minds of inexperienced investors.
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Last
14.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $57.30M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 693859 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 325235 | 4 |
View Market Depth
| Last trade - 16.12pm 05/09/2024 (20 minute delay) ? |
| RXL (ASX) Chart |
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