RXL 1.49% 16.5¢ rox resources limited

Can somone explain to me how Alex has supposedly done this to...

  1. 151 Posts.
    lightbulb Created with Sketch. 39
    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
16.5¢
Change
-0.003(1.49%)
Mkt cap ! $64.83M
Open High Low Value Volume
17.0¢ 17.0¢ 16.5¢ $11.02K 65.49K

Buyers (Bids)

No. Vol. Price($)
15 724037 16.5¢
 

Sellers (Offers)

Price($) Vol. No.
17.0¢ 583278 6
View Market Depth
Last trade - 12.43pm 28/05/2024 (20 minute delay) ?
Last
16.5¢
  Change
-0.003 ( 2.94 %)
Open High Low Volume
17.0¢ 17.0¢ 16.5¢ 97491
Last updated 14.18pm 28/05/2024 ?
RXL (ASX) Chart
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