"please remember, 413 mail. shares was sold today higher than 2.5c. this is about 85% of company shares. IMO no one will be selling tomorrow lower than 2.5c"
Its the big boys who bought 2.8+ the ones pushing the the price down, to accumulate imo and could be good news. Big boys selling dried out below 2.7 and the trader exiting pushed it further down. If the attempt was to accumulate, price could go up tomorrow. A low volume rise will confirm this. Was watching IRess whole day in my holiday and I am convinced the offshore (probably Asians) into this and not the big OZ traders. All good imo.
RMX Price at posting:
2.5¢ Sentiment: Hold Disclosure: Held
