RXL 3.45% 14.0¢ rox resources limited

At last! A true Lightbulb moment. It seems the penny may be...

  1. 89 Posts.
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    At last! A true Lightbulb moment. It seems the penny may be starting to drop that RXL's share price is being - and has been for many months - manipulated. With respect, I'm amazed it has taken so long. The daily evidence has been there for anyone who keeps an eye on the Buy and Sell lists and the timing of orders. I understand that our MD is a former stockbroker, so it's difficult to believe he hasn't recognised the pattern that has systematically slashed the SP of a company with 3.2 million oz of relatively cheap-to-mine gold. As I've suggested several times now, Rox is probably being lined up for a low-cost TO attempt. I've seen all this before. I accept the reasons put forward for the delays in announcing the Scoping Study, but the damage being done to Rox's SP in the meantime isn't helping the cause. Unfortunately and unsurprisingly at least, one downramper - we all know who - has already indicated we can expect the manipulation to continue after the Scoping Study is announced. And that's a challenge our MD will need to confront. But on the plus side, the fact still remains that we don't have to accept a low offer. And that's the challenge for whichever organisation might be working towards making a TO offer to confront.
 
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Last
14.0¢
Change
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Mkt cap ! $56.98M
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14.0¢ 14.5¢ 14.0¢ $52.57K 369.8K

Buyers (Bids)

No. Vol. Price($)
10 214745 14.0¢
 

Sellers (Offers)

Price($) Vol. No.
14.5¢ 123371 6
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Last trade - 16.10pm 17/06/2024 (20 minute delay) ?
Last
14.0¢
  Change
-0.005 ( 3.45 %)
Open High Low Volume
14.5¢ 14.5¢ 14.0¢ 240558
Last updated 14.09pm 17/06/2024 ?
RXL (ASX) Chart
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